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September 18, 2023 Edition
Focus on Health Care & Wellness

‘Unleashing’ growth: Maine's emerging ‘Silicon Valley for animal health’

Renee Cordes

Innovative firms in the growing niche range from big players like IDEXX and Covetrus to startups of more recent vintage, including Rarebreed Veterinary Partners and ElleVet Sciences.

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.

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