Advertisement

Here's Why 401(k) Savers Risk Falling Short in Retirement

Here's Why 401(k) Savers Risk Falling Short in Retirement

In 2021, Vanguard 401(k) plan participants saved an average of 7.3% of their income for retirement. But boosting your savings rate by even 1% from one year to the next could really make a big difference, and that might be a more reasonable goal to work toward.