woman pondering to save or spend More employees are keeping all their money in a TDF, Fidelity says — especially millennials, at 70 percent compared with 52 percent overall. (Photo: Shutterstock)

As of the end of the first quarter of 2018, the average retirement account balance for workers saving in both a Fidelity IRA and a Fidelity workplace retirement account, such as a 401(k) or 403(b), is up by 9 percent from the end of the first quarter of 2017.

That’s according to Fidelity Investments’ quarterly analysis of retirement savings trends and behaviors, including account balances, contributions, savings behavior and details on workplace savings plan design, the firm says.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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