‘I’m concerned,’ top economist says
Amid heightened economic uncertainty, Americans, overall, are saving less. The personal savings rate — how much people save as a percentage of their disposable income — was 3.9% in August, well…
It’s the ‘best time’ to contribute to a retirement plan, says advisor
A separate analysis from Vanguard also found that average 401(k) balances fell 20% in 2022 to $112,572, and hardship withdrawals ticked up slightly. “The concern is, in these uncertain times,…