This Is the Typical 401(k) Contribution Rate Today. Are You Saving As Much of Your Paycheck for Retirement?

Key Points You should expect to need a decent amount of retirement savings to supplement your Social Security. Fidelity recommends saving 15% of your income for your senior years. New data shows that the typical saver is close to that mark, but is also getting help. The $23,760 Social Security bonus most retirees completely overlook › A lot of people end up in financial trouble come retirement because they don't save enough and end up heavily reliant on Social Security to pay their bills. But as ...