The 1% difference that can boost your retirement savings

Published 4 Min Read

A person holds a mobile device that says "Retirement Savings" on the screen.
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Key Insight: Learn how incremental 1% savings increases materially boost long-term retirement outcomes.
What’s at Stake: Potential Social Security shortfalls could force benefit reforms and alter retirement planning.
Supporting Data: 56% haven’t calculated needed retirement savings; Social Security trust funds projected depleted 2033–34.
Source: Bullets generated by AI with editorial review

It doesn’t sound like much, but saving just 1% more each year can significantly boost retirement savings over time.

Jimmy Nesbitt
Reporter

Jimmy Nesbitt is a reporter at Employee Benefit News, where he covers the evolving landscape of workplace benefits, healthcare, retirement, financial wellness and related policy issues. His career … Read full bio


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