{"id":6239,"date":"2022-06-14T21:33:17","date_gmt":"2022-06-15T01:33:17","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=6239"},"modified":"2022-06-14T21:33:17","modified_gmt":"2022-06-15T01:33:17","slug":"striving-for-savings-for-participants-is-a-never-ending-battle","status":"publish","type":"post","link":"https:\/\/therosenbaumlawfirm.com\/blog\/?p=6239","title":{"rendered":"Striving for savings for participants is a never-ending battle"},"content":{"rendered":"<p>Working hard to get participants saving is a never-ending battle. Just look at\u00a0Vanguard\u2019s 2021 How America Saves Survey\u00a0to see how much money the average American in their 30s has saved up in their 401(k) account. Here\u2019s what they found:<\/p>\n<ul>\n<li>Average 401(k) balance of ages 25\u201334:\u00a0$33,272 (average); $13,265 (median)<\/li>\n<li>Average 401(k) balance of ages 35\u201344:\u00a0$86,582 (average); $32,664 (median).<\/li>\n<\/ul>\n<p>That\u2019s not a whole lot of money and just eye opening. We clearly need to do more for participants to save more.<\/p>\n<div class=\"sharedaddy sd-sharing-enabled\"><\/div>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Working hard to get participants saving is a never-ending battle. Just look at\u00a0Vanguard\u2019s 2021 How America Saves Survey\u00a0to see how much money the average American in their 30s has saved up in their 401(k) account. Here\u2019s what they found: Average &hellip; <a href=\"https:\/\/therosenbaumlawfirm.com\/blog\/?p=6239\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6239"}],"collection":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6239"}],"version-history":[{"count":1,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6239\/revisions"}],"predecessor-version":[{"id":6240,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6239\/revisions\/6240"}],"wp:attachment":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}