If you are visually impaired or blind, you can visit the PDF version by Pressing CONTROL + ALT + 4
<br /> CITY OF LOS ANGELES QUARTERLY NEWSLETTER JULY 2017<br /> CITY OF<br /> Los Angeles<br /> DEFERRED COMPENSATION PLAN<br /> FINANCIAL WELLNESS:<br /> HOW DO YOU COMPARE?<br /> Do you ever wonder about how much other people save and spend? Asking someone about<br /> their finances can be awkward. Many of us consider information about our income, savings and<br /> spending to be highly personal and private.<br /> However, good savings habits are the cornerstone of any financial wellness plan. So, while you<br /> may not feel comfortable about asking your friends or family about their saving habits, you can<br /> compare your own saving behaviors with the following published statistics:<br /> SAVING RATES – One survey puts the average savings rate in the United States at 5.5%. How<br /> 4<br /> does that stack up historically? The highest reported savings rate was 17% in May 1975. In<br /> contrast, the average savings rate in China is around 30%. No<a title="CiLA_Newsletter_2Q17 page 1" href="http://viewer.zmags.com/publication/790e22a3?page=1"> CITY OF LOS ANGELES QUARTERLY NEWSLETTER JULY 201</a> <a title="CiLA_Newsletter_2Q17 page 2" href="http://viewer.zmags.com/publication/790e22a3?page=2"> Four ideas to help keep your financial goals on t</a> <a title="CiLA_Newsletter_2Q17 page 3" href="http://viewer.zmags.com/publication/790e22a3?page=3"> CITY OF LOS ANGELES DEFERRED COMPENSATION PLAN QU</a> <a title="CiLA_Newsletter_2Q17 page 4" href="http://viewer.zmags.com/publication/790e22a3?page=4"> City of Los Angeles Deferred Compensation Plan IN</a> <a title="CiLA_Newsletter_2Q17 page 5" href="http://viewer.zmags.com/publication/790e22a3?page=5"> City of Los Angeles Deferred Compensation Plan B</a> <a title="CiLA_Newsletter_2Q17 page 6" href="http://viewer.zmags.com/publication/790e22a3?page=6"> Have Questions? Need Information? For inform</a>