Comment on This one career mistake may be costing you $300,000 in retirement savings. Here's how to avoid it.

This one career mistake may be costing you $300,000 in retirement savings. Here's how to avoid it.

Red arrow shows dollar's decline indexA Vanguard study found that 55% of job switchers reduced their 401(k) contributions.Passive savers are at risk of losses but those who have voluntary contributions lose even more. Becoming an active saver with a minimum 6% rate mitigates those losses. It's been proven that those who switch jobs more often make more money over the long term.

 

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