Tag: retirement
Despite the mounting pressures on Americans of all ages to save for retirement, our saving habits haven’t changed in 10 years. The combined employer and employee contributions to 401(k)s consistently hover around 10 percent of workers’ pay, according to “How America Saves 2018,” an annual report by Vanguard, which administers thousands of employer 401(k)s and…
Men with high school diplomas are retiring around age 63 – three years before college-educated men. The gap in their retirement ages used to be smaller. The reasons behind the current disparity are explained in a review of research studies on the topic by Matt Rutledge, an economist with the Center for Retirement Research. T…
