Americans' retirement savings surged by 19%: Vanguard report

Yahoo Finance Video
240,342 次觀看・4 個月前

A recent report from the Vanguard Institute reveals a significant uptick in retirement 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 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