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There's a pocket of employees who save a lot in their employer-sponsored retirement plan. Meet the super savers — last year they saved a minimum of $17,550 or deferred 15% or more of their salary.1
Super savers: everywhere and anyone
Super savers come in all ages and income levels. In our research, 50% were age 40 or younger and 53% made less than $100K annually. Among Gen Z super savers (ages 18-25), 28% have an annual salary of less than $35K, with deferral rates of 15%+.
Super saving isn't so much about income — it's more about habits and lifestyle. Highly influenced by their parents and their upbringing, they understand that making long-term decisions or sacrifices now equates to the retirement they envision in the future.