Financial security in retirement doesn’t just happen. It takes planning and commitment and, yes, money.
Facts:
- Fewer than half of Americans have calculated how much they need to save for retirement.
- In 2012, 30 percent of private industry workers with access to a defined contribution plan (such as a 401(k) plan) did not participate.
- The average American spends 20 years in retirement.
Putting money away for retirement is a habit we can all live with. Remember…Saving Matters!