Here's the Average Retirement Savings Rate Today. You Need to Do Better.
There are many people who end up retiring without so much as a dollar saved. But hopefully, that's not your plan.
In fact, ideally, you're already saving money for retirement on a consistent basis. That could mean participating in an employer's 401(k) plan, funding an IRA on your own, or both.
But are you saving enough of your income for retirement? If your contribution rate is similar to that of a typical 401(k) plan participant, you may not be.
Source Fool.com