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The amount those saving for retirement can put aside for the future varies across industries based on factors including the type of company they work for (which influences employer contributions), as well as workforce demographics, which influences the amount a participant contributes, according to Vanguard.
Read more: Healthcare workers aren’t confident they’re saving enough to retire
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Even high-income employees are uncertain about where to put their next dollar, highlighting the need for workplace guidance on financial wellness.
A new TIAA study finds many retired workers wish they had saved sooner, planned for healthcare costs, and prepared for career disruptions that delayed or reshaped retirement.
Alternative retirement options are growing in popularity as employees reject traditional, more rigid, plans.
A new clearinghouse proposal would auto-transfer retirement accounts, reducing lost savings and simplifying rollovers across employers.
A new SmartAsset study finds that retirement savings vary widely by state in 2026. See how your state ranks.
