![]() “Individuals did not make significant changes to their asset allocation,” he says. Shamrell said that the total savings rate (as a percentage of total salary) across all Fidelity managed 401(k) plans, including contributions from both employees and employers, held steady at 13.7% in the fourth quarter of 2022. ![]() According to Mike Shamrell, vice president of thought leadership at Fidelity Investments, the latest data shows that despite economic uncertainty, retirement savers “stayed the course” and didn’t make significant changes to their retirement savings habits.
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