04-06-2025
Fidelity® Q1 2025 Retirement Analysis: Retirement Savings Rates Reach Record High While Average Account Balances Are Lower
BOSTON--(BUSINESS WIRE)--According to Fidelity Investments ® ' latest Q1 2025 retirement analysis, average 401(k), 403(b), and IRA balances ended the quarter slightly lower, primarily as a result of market swings. Encouragingly, both employer and employee savings rates stayed consistently high, with the total 403(b) savings rate holding steady at 11.8% while the total 401(k) savings rate increased to a record 14.3%.
'Although the first quarter of 2025 posed challenges for retirement savers, it's encouraging to see people take a continuous savings approach which focuses on their long-term retirement goals,' said Sharon Brovelli, president of Workplace Investing at Fidelity Investments. 'This approach will help individuals weather any type of market turmoil and stay on track to reach their retirement goals.'
As one of the country's leading workplace benefits providers 1 and America's No. 1 IRA provider 2 – which just celebrated its 50 th anniversary of offering IRAs – Fidelity's latest analysis of savings behaviors and account balances for more than 50 million IRA 3, 401(k) 4, and 403(b) 5 retirement accounts can be found here.
Naturally, this quarter's retirement analysis shines a spotlight on how Fidelity's retirement savers fared during the market volatility of the first quarter. The good news: despite the market swings, Fidelity workplace participants stayed fairly consistent with their contribution rate and asset allocation.
Additional details and insight on retirement trends and data, as well as tips to help retirement savers navigate volatile markets, can be found in Fidelity's latest quarterly edition of ' Building Financial Futures ' as well as the Workplace Insights hub, which explores original research, data-driven insights, and the latest industry trends.
About Fidelity Investments
Fidelity's mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses we serve. Fidelity's strength comes from the scale of our diversified, market-leading financial services businesses that serve individuals, families, employers, wealth management firms, and institutions. With assets under administration of $15.0 trillion, including discretionary assets of $5.9 trillion as of March 31, 2025, we focus on meeting the unique needs of a broad and growing customer base. Privately held for 78 years, Fidelity employs more than 77,000 associates across the United States, Ireland, and India. For more information about Fidelity Investments, visit
Keep in mind that investing involves risk, including the risk of loss. The value of your investment will fluctuate over time, and you may gain or lose money.
Past performance is no guarantee of future results.
Views expressed are of the date indicated, based on the information available at that time, and may change based on market or other conditions. Fidelity does not assume any duty to update any of the information.
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