According to Financial Engines, an average of $42,885 is left in the table over a 20 year period in many worker’s career path. The average number of workers who don’t max out 401k matching was:
42% -earning under $40,000.
10%- earning over $100,000.
30% of younger workers
16% Older savers
Company matching is basically free money. You should always max out this benefit if possible!
Let RetirementView Software help you make wise choices in your retirement planning at any age.
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