Tag: stock market
Meaningful balances require continuous coverage and for that we need a national mandate. It’s always interesting to look at Vanguard’s most recent edition of “How America Saves.” And it’s particularly interesting to get the numbers for 2023 – a good year for both the economy and the stock market. Indeed, participation rate, contribution rates, and…
This was 2022 in a nutshell: more people are saving for retirement but they’re not saving nearly enough. Every year, Vanguard releases its report on the state of the nation’s habits around saving for retirement. Participation among workers with access to 401(k) plans has jumped over the past five years from 72 percent to 83…