Only 14% of Workers Achieve This 401(k) Benchmark—Here’s How to Set It as Your Target
Only 14% of participants max out their defined contribution retirement plans (such as 401(k)s), a Vanguard study shows. High-income earners are more likely to max out their 401(k)s, but even if you have a modest income, you can reach this goal. The power of compounding returns means you have a strong incentive to save as […]