Developing Healthy Money Habits: 6 Smart Ways to Help Boost Your Financial Wellness

¹The T. Rowe Price Retirement Savings and Spending Study (RSS) is an annual research that has been performed on-line since 2014. The research yearly surveys roughly 3,000–4,000 members who’re presently contributing to a 401(ok) plan or are eligible to contribute and have a stability of at the least $1,000. The survey additionally consists of an extra 1,000–1,500 retirees who’ve retired with a Rollover IRA or left‑in‑plan stability. The research investigates saving attitudes and behaviors of plan members and retirees. The 2021 RSS was performed between June 9, 2021, and August 4, 2021, and included 3,844 plan members and 1,332 retirees. The 2022 RSS was performed between June 24, 2022, and July 22, 2022, and included 3,895 plan members and 1,136 retirees.

²Investing via Automatic Buy can not guarantee a revenue or shield in opposition to loss in a declining market. Since it entails steady funding no matter fluctuating worth ranges, traders ought to contemplate their monetary capability to proceed purchases via intervals of each excessive and low worth ranges.

Important (*6*)

This materials is supplied for informational functions solely and isn’t supposed to be funding recommendation or a advice to take any specific funding motion.

This info will not be supposed to mirror a present or previous advice regarding investments, funding methods, or account sorts; recommendation of any form; or a solicitation of a suggestion to purchase or promote any securities or funding companies. The opinions and commentary supplied don’t bear in mind the funding goals or monetary state of affairs of any specific investor or class of investor. Please contemplate your individual circumstances earlier than investing resolution.

(*6*) contained herein is predicated upon sources we contemplate to be dependable; we don’t, nonetheless, assure its accuracy.

The views contained herein are these of the writer as of October 2022 and are topic to change with out discover; these views might differ from these of different T. Rowe Price associates. All investments are topic to market threat, together with the attainable lack of principal. Diversification can not guarantee a revenue or shield in opposition to loss in a declining market.

Charts are proven for illustrative functions solely. All investments contain threat, together with attainable lack of principal.

View funding skilled background on FINRA’s BrokerCheck.

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