Episode

Retirement Savings Surge in Your 30s and 40s | Business and Finance News

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Sep 3, 2026
Duration seconds
114
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https://sources.thednn.ai/d261ca32e791f8ea
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Summary

Your 401(k) just had its biggest quarterly boost since 2020—up 10.5% thanks to a roaring stock market. Gen Xers and millennials are saving more than ever, with workers in their 30s averaging $75,200 and those in their 40s hitting $156,800. People are also socking away a record-high 14.4% of their pay (nearly the recommended 15%) and grabbing nearly all employer matches—free money! But experts say don’t just focus on your 401(k)—aim for 15% of income across all savings, and track your net worth (assets minus debt). By 40, target 2-3x your annual income in net worth. It’s never too late to start—or catch up—just keep contributing what you can and grow it over time. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/d261ca32e791f8ea