Reality Radio for a really great future. We're talking real money.

Well, you have questions, so we have answers. That's our job each and every day here at

Talking Real Money. Hi, everyone. I'm Tom Cockin. Just a moment, taking some more of those

questions, which have been

pouring in to Talking Real Money.com, and we are glad to take them, glad to help you any way we

can. But before we start with Roxy Butner, you know, I want to say congratulations to, well,

not all of you, but most of you. This is really great news read recently that the average

savings rate in 401K plans rose to a record

high of 14.3% of income in the first three months of the year. That is actually pretty

doggone good. That's a little less, at least according to this article in the Wall Street

Journal, than the 15% annual savings rate that financial advisors often recommend over a four-decade career.

God, it's painful when you think about it. But, because I only have a few years left.

So the average savings rate has risen, by the way, from 13.5% back in 2020. So that's good.

That's one more percent more in that time.

They looked at a bunch of clients. Fidelity did at their 25,000 client companies.

Here's the part that troubles me a little bit. That out of that 14 and a half percent,

it appears that 4.8 percent of that came from the employers and the rest

from employees. So they're giving, what, about 10 percent, and the employees, that's you listening,

are giving about, pardon me, 10 for the employees and almost 5 percent from the employers.

I would prefer to see you, the employee, putting in 15%, and then

getting the match. And I think our matches, and Roxy probably will ask her in a minute, is somewhere

around 4%. Because that gets you closer to the 20. I truly think if you did the 20 in the first years of

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