Average 401(k) Balances for 55-Plus: $255,000

Hell-o 401(k). So nice to see you increasing in value. Here’s hoping for a record second quarter just like the first. Strong employee/employer contributions and a rocking stock market boosted the average 401(k) balance during the first three months of the year. It hit $255,000 for participants age 55 and older who worked at their current employer for 10 years or more, according to a Fidelity Investments quarterly analysis of its 401(k) accounts, which had more than 12 million participants. …

Psst! Here’s How to Figure Out Your Market Value

Just how much are your job skills worth in today’s marketplace? If you’re 50 or older and looking for work, you know painfully well how difficult the search can be. Since the recession laid off millions of older workers, it’s taken them twice as long to find work as their younger counterparts. Rick Zabor, owner of PeopleStaff, a recruiting firm in Georgia specializing in tech jobs, says it’s important for older job seekers to convey to hiring officials the successes …