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How to Enable or Disable Battery Saver in Windows 11/10

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How to Become a Retirement Super Saver

When it comes to retirement, many Americans remain financially unprepared. However, there is one group that may be winning the retirement savings game. A distinct set of Millennial super savers are making serious financial sacrifices to pad their retirement accounts. The question is, is it worth it

Key Takeaways

Younger generations, notably Generation Z and millennials, are saving more for retirement versus other age groups.
Individuals can still save for retirement if they don't have a 401(k).
Individual retirement accounts (IRAs) are the key alternative, although the annual contribution limits are lower than 401(k) plans.

How Some Millennials Are Saving A recent survey from Principal Financial Group looked closely at the financial habits of millennial savers who are saving 90% or more of the annual contribution limit in their 401(k) plans or are putting at least 15% of their income toward retirement. A common thread among these super savers is that retirement is their top financial priority. In terms of how much they’re saving, as of 2021, 33% of these super savers are stashing $17,550 or more in their 401(k) plans and 31% are putting more than 15% of their income toward retirement savings. To make those contributions, super savers…