Men Have Bigger Balances
But women are 10% more likely to enroll in a workplace plan, and they save at higher rates (up to 12%) than their male colleagues.
Most of Us Will Save More This Year
In a poll of more than 500 MONEY readers, the majority said they’d put away more for retirement this year than last year.
What We'll Be Living On in Retirement
For most people, Social Security will account for a substantial portion of income in retirement.
Trending in the Right Direction
401(k) balances topped out at a record $91,300 at the end of 2014, according to Fidelity.
But Still Not Good Enough
The Natixis Global Retirement Report ranks the U.S. 19th, behind Australia (3), Germany (9), and Japan (13), but ahead of the United Kingdom (22).
The States That Save the Most
San Jose—home to many well-paid high-tech workers—leads the nation in 401(k) participation. Bringing up the rear: El Paso, Texas, where workers save just 5.7% of salary.
Are You Saving Enough?
The average employee is saving just over 8%, the highest rate in the past four years.