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Answer 1/1 - Submitted 1/1/2012
In 2007 there was a report by the investment industry that stated that the average 401k was about 50,000 dollars. 2007 was a year when equity values were high, and still 50,000 was the average 401k amount. Since 2007, values have dipped greatly but have also recovered a majority of the losses if left untouched. However, because economic circumstances, fear and human behavior, many have cashed in portions or all of their 401ks or modified them to more conservative portfolios.
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