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PenFed survey finds Americans more focused on short-term savings

Friday, March 2, 2018  
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TYSONS, VA (March 2, 2018) — PenFed Credit Union, the nation’s second-largest federal credit union, today announced results from a nationwide survey on consumer behaviors and opinions related to savings. Nationally recognized market research firm McLaughlin & Associates conducted the survey on behalf of PenFed. It found that on average, adults direct 7.6% of their salary to their retirement savings. The percentage increases among households with incomes over $100,000, college graduates, men, adults with a financial advisor and adults who have automatic savings.

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