Got stocks? For some 401(k) investors, the answer to that question is an emphatic “yes.”
Ten percent of 55- to 59-year-olds and 11% of 50- to 54-year-olds had all of their 401(k) savings invested in stocks, according to a new Fidelity Investments study, based on data from June on 21,200 defined-contribution plans, covering 13.5 million plan participants.
Read Full Article »