It’s no secret that most Americans are woefully unprepared for retirement. According to a report from the Economic Policy Institute, the median family between the ages of 32 and 61 has just $5,000 saved in a retirement account, while almost half of workers have no retirement savings whatsoever.
Given the many expenses you’ll face as a senior, it pays to get your hands on as much retirement money as possible. So this year, when you think about your 401(k) strategies and goals, don’t make the same mistake a good 25% of workers are currently making: passing up an employer match.