Press
Source:
USA Today
Are you leaving money on the table: How 1 in 4 couples is missing out on...
"It’s not just how much you save. It’s how you save, and where you save."
"It’s not just how much you save. It’s how you save, and where you save."
A recent working paper by Taha Choukhmane found that couples with poor retirement allocations left roughly $700 on the table per year.
Couples are not effectively coordinating their retirement contributions, robbing the average household of 10% of potential contributions.
"Once you add the tax incentive [to contribute] and the employer match, the gap with Blacks and Hispanics is even larger."
Taha Choukhmane says: “The worst thing you can do in a tough financial situation is just to let it accumulate and not face it up front.”