February 24, 2011
JUST LIKE THE GREAT DEPRESSION:
401(k) savings hit record high (Jessica Dickler, February 23, 2011, (CNNMoney)
The average 401(k) balance hit a 10-year high at the end of last year as the recession waned and more Americans bulked up their retirement savings.Posted by Orrin Judd at February 24, 2011 6:52 AMAt the end of 2010, the average 401(k) balance had risen to $71,500 -- up 11.5% from $64,200 a year earlier, according to a report released Wednesday by Fidelity Investments.

