401kplan

Anson Blog

June 27, 2019

What the news ignores about retirement for baby boomers

For the past 20 years, retirement savings rates have tanked. In 2018, the average savings rate was 6.3% of total income — nowhere near the suggested rate of 15% to 20% that we recommend. These startling numbers contradict with the envisioned daydream of a carefree retirement.