2min chapter

Animal Spirits Podcast cover image

Why Housing Prices Are So Expensive (EP.313)

Animal Spirits Podcast

CHAPTER

The Vanguard 401k: How America Saves

3.7% is pretty low for a 10-year treasury yield, but mortgage rates are still this high. The average savings rate in terms of dollars or percentage percentage of their target is 12 to 15%. Eight out of 10 people who had a 401k enrolled in it. But they said 20% of participants would need to boost their savings 1 to 3% and hit their target.

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