Saving for retirement can be a daunting task, but your 50-year-old self will be thankful you decided to do it earlier in your career.
The most common method of saving for retirement is through an employer-sponsored 401(k) plan. As a matter of fact, more than 55 million U.S. workers participate in one of these plans today.
While the amount of 401(k) participants increases, there is still general confusion of how much money people should be contributing to their plans from each paycheck.
To clear up some of the confusion, we asked 10 experts for their opinions on how much the everyday 401(k) participant should be contributing.
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