A recent nationwide survey found that on average, adults direct 7.6% of their salary to their retirement savings, PenFed Credit Union reports.
The percentage increases among households with incomes over $100,000, college graduates, men, adults with a financial advisor and adults who have automatic savings.
Market research firm…
Most U.S. adults have financial regrets, and most common is not saving for retirement early enough, a new survey from Bankrate finds.
This is followed by not saving enough for emergency expenses and taking on too much credit card debt.
The good news is that two of these three…
The number of Americans who say they are saving more for retirement in the current year vs the previous one is at the highest level in five years, according to a new survey from Bankrate.
Bankrate said that 31 million Americans are saving more this year.
In addition, fewer people…
The number of Americans who are contributing to Individual Retirement Accounts (IRAs) dropped in the last year, according to new survey results.
The survey – from retirement plan adviser TIAA-CREF – polled 1,008 adults 18 and older last month. Only 17% of respondents said that they currently contribute to an…