Record-Breaking Retirement Savings in 2023? Here’s Why.

Описание: Americans are saving more than ever before. 2023 saw an average savings rate of 7.4% of earnings, which is a notable increase from previous years. We’re going to dive into why this was the case in today’s video.

According to Logan, this surge can be attributed to several key factors, including the growing awareness of the need for personal retirement planning and the decline of traditional pension plans and reliable Social Security benefits. Another standout factor driving this trend is automatic enrollment in 401k plans, which is leading more people to start saving earlier and more consistently.

Tune in as we talk about some of these powerful tools that are helping people prepare for a secure retirement and the importance of saving early!

#retirementsavings #retirementinamerica #retirementplanning

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