Did you know that over one third of all Americans have no retirement savings at all! One of the goals here is to try to take the scariness out of retirement planning and what we can do to help you save more money and what to invest it in. Some more sobering stats for you:
Over 89% of all employers offer some type of 410k but only 75% contribute to their plans
But with this contribution rate would you be surprised to find that over 35% of people over 65 rely on social security alone.
Around 1 in 5 tap into their retirement plans for either a distribution or loan