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Americans' retirement savings surged by 19%: Vanguard report Fri, Jul 5, 2024, 6:38 PM GMT+2 0 Video Transcript Advertisement Up next How investors could reposition portfolios for Q2 earni...
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Notably, more than four out of 10 individuals boosted their contribution amounts to their 401(k) accounts. Yahoo Finance personal finance contributor Kerry Hannon breaks down the study, examining the factors driving this positive trend in retirement savings. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith We've all heard Americans are struggling to save for retirement, but are they the average retirement account balance increased by 19% last year? That's compared to 2022 and more than four in 10 people raised the amount of money they set aside into their 401k accounts according to a Vanguard report to discuss the study. Yahoo Finance's very own carry. Hannon is here. Hey, Carrie. Hey, Brad, great to be here. Yeah, I mean, we all hear so much doom and gloom about people not saving enough for retirement or being woefully behind that. This just was very encouraging to see uh
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