Sunday, May 21, 2006

Retirement poll results

What percentage of your annual income do you save for retirement?

Results were pretty spread out with no clear majority of what percentage saving for retirement. I get concerned when I see nothing being saved. Even $50 a month is something for retirement or make sure you taking advantage of automatic deduction from work for a 401k or other company sponsored retirement plan. I also thought we would see more saving 11% or more.

none 8%
1-5% 27%
6-10% 23%
11-15% 12%
16-20% 8%
over 20% 23%

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