Americans' retirement savings surged by 19%: Vanguard report

Рет қаралды 13,050

Yahoo Finance

Күн бұрын

Пікірлер: 39

@ThaOriginal_Q 3 ай бұрын

The account bakances increases by 19% becaise the markets are up by 19% lol.

@normt430 3 ай бұрын

@@ThaOriginal_Q Yup! Mine is up about 25% this past Friday.

@MichaelChengSanJose 3 ай бұрын

If they pulled the averages around mid year 2022 and 2023, then the 19% gain came entirely from the stock market gains. Any additional contributions was marginal at best.

@leskfan1277 3 ай бұрын

Because the stock market has grown

@Seanpfree 3 ай бұрын

This is where the lower and middle class get left behind.

@chrissharkey9644 3 ай бұрын

Increased for those that are invested! 50% of Americans are not in the stock market

@Dre2011 3 ай бұрын

@@chrissharkey9644 exactly

@invenio1978 3 ай бұрын

Your retirement savings is not going to increase if you don't save anything.

@chrissharkey9644 3 ай бұрын

@@invenio1978 Agreed and I do more than my share! But it’s still true

@rabidgoon 2 ай бұрын

Everyone should invest. Even if you can only afford 10 bucks a week you should be investing.

@d_all_in 3 ай бұрын

The S&P is up 40% since then and they report on 19% gains like it's good.

@Tercel_Champion 3 ай бұрын

I agree. The bond market was crushed since then and most mutual funds lag the s&p 500 and nasdaq.

@Name-jw4sj 3 ай бұрын

@@Tercel_Champion And she had the nerve to say "sit and forget and not trade as much which is quite good". Terrible advice!

@eprofessio 2 ай бұрын

It’s the Dave Ramsey effect. His teachings are sweeping the country by word of mouth and platforms.

@JoJo-ie8sl 2 ай бұрын

that's great but nowhere near what they need

@Seanpfree 3 ай бұрын

In Nashville my company only matches 3%

@KPad87 3 ай бұрын

Better than nothing

@angel_killzit 3 ай бұрын

Still free money

@ryanclark6602 2 ай бұрын

Same with mine. I can’t believe when I hear ppl say they get a 9% match

@crooked52h 2 ай бұрын

I get a 3% match and a 5% base contribution from my employer plus invest 19% in my Roth 403b as well put $75 per paycheck towards my HSA account and I invest in that as well

@boondoggle4820 2 ай бұрын

This is good news though it’s probably not that much in real dollars because the starting point was likely so low. Still, it’s better that people are investing more. I know several of my Gen X peers who hardly saved anything at all for retirement, which you can’t really do unless you have the income, but you have to start as early as possible even if you can’t contribute much at the time, which is why it’s good to hear that Gen Z is starting early.

@xiphoid2011 3 ай бұрын

As an Asian American, I'm glad to see more Americans are finally saving more for their retirement. For the longest time Asian Americans were the only group that really were saving >20% of the income. This is one of the biggest reason why we went from dirt poor students to become the wealthiest group by far. We have been shaking our heads at how undisciplined most Americans are financially. Glad to see finally more are finally waking up.

@MichaelChengSanJose 3 ай бұрын

Asian Americans are STILL the only group saving >20% of their income. Most Americans remain horribly undisciplined, which is about how we like it. Otherwise, how else are we to fill our rentals at top rents? In Asia, rentals could only get about 1/4-1/6 as much rent relative to the property value.

@pensacola321 3 ай бұрын

I blame President Biden 😊.

@johnurban7333 2 ай бұрын

I stayed away from Target Funds and stayed aggressive and was glad I did. Target Funds make you less money as you get older.

@chrisphilips2768 3 ай бұрын

Most older Americans are well off financially!

@nineseven420empire3 2 ай бұрын

Inflation is eating people alive, while the rich get richer.

@ronniewilliams-g222 2 ай бұрын

Your explanation is clear and practical. Nevertheless, the market can undergo manipulation in various ways. While I initially grasped trading crypto assets, my technical analysis skills were a limiting factor. This changed when I came across Leah Foster Alderman's strategy. Day trading deserves increased attention, given its resilience to the market's unpredictable nature.

@mxweng 3 ай бұрын

Nvidia is up more than 300% while my 401k is only up 33% so recently I decided to contribute less into my 401k and inject more $$$ directly into Magnificent 7. I hate 401k funds.