the staff of the Ridgewood blog
Ridgewood NJ, many of us have heard countless times about the importance of saving for retirement. It turns out more people are taking that advice to heart. According to Vanguard’s annual “How America Saves” report, 401(k) holders are contributing more of their earnings than ever before. In 2023, the average contribution rate was 7.4% of earnings, nearly 12% when including employer contributions.
Continue reading How America is Saving More for Retirement: Insights from Vanguard’s Latest Report
