07.07.21
New Study Finds a 13% Increase in Average Retirement Savings Year Over Year, Up to $98,800
by: Elizabeth Gravier
According to a Northwestern Mutual study, personal savings and retirement nest eggs have grown year over year. Average personal savings have increased over 10 percent ($65,900 to $73,100), while average retirement savings have seen a bigger jump of 13 percent ($87,500 to $98,800). While progress varies across the board, with most survey respondents saying they are in mid-stage financial recovery, nine out of ten people who report being in recovery mode plan to eventually see a full financial comeback to pre-pandemic levels.
Read the full article on CNBC.com.