US Retirement Savings Rates Reach Record High in First Quarter: Fidelity

The data show Americans are earning more and spending less amid slowing inflation.

An image of US bank notes, and credit and debit cards. Madalina Vasiliu/The Epoch Times

Americans saved for their golden years at a record pace to kick off 2025, a new study by Fidelity Investments found.

In the first quarter, 401(k) savings rates reached an all-time high of 14.3 percent. This was driven by a 9.5 percent employee contribution rate and a 4.8 percent employer contribution rate, falling short of Fidelity’s suggested savings rate of 15 percent.