Retirement savings: Auto enrollment and escalation are helping Americans save more
Yahoo Finance·2025-07-04 14:00
Americans are saving for retirement in their employer provided retirement plans at record levels according to a new Vanguard report. The average US adult put away nearly 8% of their paycheck last year. Here with the latest, we've got Yahoo Finance's Carrie Hannon.Carrie, what's fueling this rise in saving. Yeah, Brad, this is great news, isn't it. And if you pair that with what the employer matches, that gets to almost 12% or to 12% which is a record high.And it's right in that 12 to 15% of your salary you ...