Celebrate 401(k) Day 2018

Only 6.8% of income co

Vanguard’s “How America Saves” report shows that only 6.8% of income that eligible workers contributed to their 401(k)s in 2017, which is up from 6.2% the previous year. Even though this statistic is finally moving in the right direction, it is still too low. Ideally, Americans should save a least 10% to 15% of their income for retirement, but standard advice is, “save as much as you can.” Not sure how to begin planning? When it comes to retirement planning, it can be difficult to know where to begin. With step-by-step guidance from ATFutureBuilder’s virtual hosts, planning for retirement can be quick and easy.

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Source: How America Saves 2018: A report on Vanguard 2017 defined contribution plan data