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Today's Poll

How confident are you that your long-term savings or financial plans are where you need them to be at this point?
Poll Description

Sponsored by: GoNetspeed, a fiber internet provider

Despite economic uncertainty and sharp swings in the stock market, Americans' retirement accounts grew in size during the second quarter of 2023, Fidelity Investments recently reported. The quarter was the third consecutive period to show an increase in account balances.

The average IRA balance grew to $113,800, up 5% from the previous quarter and a 41% increase from 10 years ago, according to nationwide data compiled by Fidelity.

The average 401(k) balance jumped to $112,400, a 4% increase from the previous quarter and a 39% increase from 10 years ago. 

At the same time, the average 403(b) balance increased to $102,400, 5% more than the amount in the previous quarter and a whopping 65% spike from 10 years ago.


The 2023 Mainebiz CEO Breakfast Forum

The 2023 Mainebiz CEO Breakfast Forum  The Mainebiz CEO Breakfast Forum will bring together a panel of Maine CEOs to share their personal stories of success and learning experiences.
Event Details

2023 SeniorSmart

Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.