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Best regards
Zmags
CITY OF LOS ANGELES QUARTERLY NEWSLETTER JULY 2017
CITY OF
Los Angeles
DEFERRED COMPENSATION PLAN
FINANCIAL WELLNESS:
HOW DO YOU COMPARE?
Do you ever wonder about how much other people save and spend? Asking someone about
their finances can be awkward. Many of us consider information about our income, savings and
spending to be highly personal and private.
However, good savings habits are the cornerstone of any financial wellness plan. So, while you
may not feel comfortable about asking your friends or family about their saving habits, you can
compare your own saving behaviors with the following published statistics:
SAVING RATES – One survey puts the average savings rate in the United States at 5.5%. How
4
does that stack up historically? The highest reported savings rate was 17% in May 1975. In
contrast, the average savings rate in China is around 30%. No
CITY OF LOS ANGELES QUARTERLY NEWSLETTER JULY 201
Four ideas to help keep your financial goals on t
CITY OF LOS ANGELES DEFERRED COMPENSATION PLAN QU
City of Los Angeles Deferred Compensation Plan IN
City of Los Angeles Deferred Compensation Plan B
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