Here's Why 401(k) Savers Risk Falling Short in Retirement

Here's Why 401(k) Savers Risk Falling Short in Retirement
·3 min read

In 2021, Vanguard 401(k) plan participants saved an average of 7.3% of their income for retirement. But boosting your savings rate by even 1% from one year to the next could really make a big difference, and that might be a more reasonable goal to work toward.