Just 1%
January 21st, 2008
Objective: Raising your 401k contribution rate by just 1% is one of the easiest ways to improve your savings rate. Assuming you make $50,000 gross annually, a 1% increase would only reduce your take-home pay by about $30 a month, while increasing your future nest eggs by tens of thousands of dollars.
Action Required: Log into your HR website today and make the change.
Source: MyMoneyBlog