The average self-directed brokerage account within workplace 401(k)s finished at $335,857, down 4.7% from Q4 in 2024, according to Charles Schwab’s SDBA Indicators Report.

Fidelity Investments reports that despite stock market turbulence causing small declines in 401(k), IRA, and 403(b) balances in Q1, people continued saving for retirement.

In Q1, the average 401(k) balance dropped to $127,100, a 3% decline from the previous quarter, according to Fidelity, with boomers averaging $239,600, Gen X at $187,400 and millennials at $66,800.

The S&P 500 index was up 0.92% year to date through June 2 when the S&P 500 closed at 5,935.94 points. The total year-to-date return — including dividends — was 1.49% through the market close ...