#yahoofinance #retirement #savings
A recent report from the Vanguard Institute reveals a significant uptick in post-work savings, with average balances for American retirees increasing by 19% compared to 2022 data. Notably, more than four out of 10 individuals boosted their contribution amounts to their 401(k) accounts. Yahoo money management personal money management contributor Kerry Hannon breaks down the study, examining the factors driving this positive trend in post-work savings. For more expert insight and the latest sector action, click here to watch this full episode of Wealth! This post was written by Angel Smith
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