Most 401(k) plans offered by employers have some sort of matching program. And most participants contribute exactly enough to take full advantage of their employer’s match, but not a penny more. While this is certainly a good start, it may not build enough of a nest egg to produce a comfortable, fulfilling retirement.
With that in mind, you might be surprised at how much of a difference a small increase in your 401(k) contributions could make.
How much should you be saving in your 401(k)?
There’s no perfect answer to this question, as it depends on several....More>>>