Investors are seeing a turnaround in Q3 2025 after a slow start. Fidelity reports record highs in retirement products, with average 401(k) balances at $144,400 and IRA balances at $137,902, up 20% and 17% from last year. The number of 401(k) and IRA millionaires also increased by 10% and 11.5%.

Positive savings trends, along with U.S. stock market highs, are driving the growth. 401(k) contribution rates stayed strong at 14.2%, showing investor resilience. Younger generations are increasingly opting for Roth 401(k)s and IRAs for long-term benefits.

IRS adjustments in 2026 will raise contribution limits to $24,500 for 401(k)s and $7,500 for IRAs. Catch-up contributions for IRAs will also increase to $1,100. These changes will help investors grow their positions faster.

Growing number of 401(k) and IRA millionaires highlight the importance of patience and consistency in building wealth. Tips include maximizing employer matches, using auto-escalation, and considering Roth IRA benefits. Catch-up contributions after 50 can also accelerate retirement savings.

Read more at Yahoo Finance: Retirement accounts rebound to record highs after early-year slump. Here’s how to maximize your contributions