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The Hidden Asset Retirement Investors Rely On

Fidelity Investments recent reported that the average 401(k) balance rose 15.5% last year to $89,300. But as it turns out, many investors have hidden assets that will make or break their financial prospects in retirement.

In the following video, Dan Caplinger, The Motley Fool's director of investment planning, looks at this hidden asset and its implications for retirees. He notes that the Fidelity study looked at people who have both 401(k) accounts and IRAs, and found that the average total retirement assets among those workers was $261,400. Dan explains the sources of those IRA assets and points out how vital it is to consider all of your financial resources when considering what your financial plan for your retirement years should be.

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Read/Post Comments (2) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On February 17, 2014, at 6:20 PM, pns123 wrote:

    Savings, for retirement or other, should always be holistic, I'm retired now, but I always tried to save across a number of different vehicles. You'll live in retirement from your entire portfolio.

    I am not sure why MF thought that people only counted their 401K when talking about retirement assets. Of course folks also count their IRA's and other savings.

    This seems to come as a surprise to Caplinger. Which is pretty scary as this is not the Food Network site.

  • Report this Comment On February 17, 2014, at 8:15 PM, stockanal45 wrote:

    MF thinks everyone is incompetent and that is why they try to lure readers to pay for their useless premium subscriptions.

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Dan Caplinger
TMFGalagan

Dan Caplinger has been a contract writer for the Motley Fool since 2006. As the Fool's Director of Investment Planning, Dan oversees much of the personal-finance and investment-planning content published daily on Fool.com. With a background as an estate-planning attorney and independent financial consultant, Dan's articles are based on more than 20 years of experience from all angles of the financial world.

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