401k Savings Rates Are Going Up (What's Going On?!)

Discover why 401(k) savings rates are hitting record highs, driven by tax law changes and employer practices like automatic enrollment. Learn how setting a solid default contribution rate can enhance employee savings without a second thought. Uncover tips on maximizing contributions for a secure financial future, even in volatile markets. Delve into the smart strategies for major purchases, emphasizing smart car buying rules that prioritize retirement over immediate gratification. Plus, explore the journey to financial independence for young adults!