Reported 16 days ago
The article reviews the retirement savings of the top 20% of Americans, with the wealthiest 10% saving a median of $900,000 compared to the national median of $87,000 for all households. It emphasizes the importance of regular savings and investments in achieving financial security for retirement, highlighting strategies like maxing out 401(k) contributions, opening IRAs, and diversifying portfolios. It reassures readers that even modest savings can yield significant benefits over time through compound interest.
Source: YAHOO