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Workers with the highest 401(k) balances aren’t always the best savers
Instead of focusing on retirement balances, savings rates are a better indicator of retirement readiness, according to Vanguard’s annual “How America Saves” report. Yes, higher earners have higher 401(k) balances, but that does not mean they always save a larger share of their pay. Sarina Trangle, writing for Investopedia, reports on the findings of Vanguard’s latest report. Read Ms. Trangle’s article here…
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