Private Markets for the Masses: Private Equity Comes for Your 401(k)
Private equity fought for two years to get into 401(k)s. Its own retail funds returned half the S&P 500 in 2025 while charging 100x the fee of an index fund.
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The Accidental Millionaires: What TSP, 401(k), and Payroll-Deduction Wealth Actually Look Like
A record 224,420 TSP accounts now hold $1 million or more, and they averaged 27 years of contributions. Inside America’s largest millionaire factory.
