And under this administration, we will always protect Social Security and Medicare. They are not protecting it for our seniors. We will always protect Social Security, Medicare, Medicaid. Since I took office, the typical 401 balance is up by at least $30,000. That's a lot of money. We have millions and millions of people because the stock market has done so well setting all those records. Your 401s are way up. (45:29–45:38)
CLAIM
Asserts that the typical 401(k) balance has increased by at least $30,000 since taking office.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.