National 401K Day

National 401(k) Day, sponsored by the Plan Sponsor Council of America,traditionally falls on the first Friday after Labor Day. It’s a day set aside each year to remind people to think about—and maybe even boost—their retirement savings.

We all dream of a life of leisure during our golden, retirement years. National 401(k) Day, celebrated every year on the Friday after Labor Day, prompts us to check in on our nest egg. With only 70% of Americans financially prepared for retirement, understanding what you can do to make the dream of retirement a reality is important. It is estimated that 79% of Americans work for a company that offers a 401(k) plan; however, only 41% take advantage of the benefit. Don’t let another day go by without learning why you should save for retirement through your company’s 401(k) plan or what you can do to save for retirement if you don’t have access to a 401(k).

When you plan for a 401K and diligently contribute to it over the years, you are setting yourself up for a high quality of life when you are an older adult. Private Home Care fully understands how important it is to age in place. Seniors have worked hard throughout their lives in order to live comfortably in their later years, and now we are here to provide caretaking for them.