As reported by Bloomberg, each year, Vanguard Group releases its review regarding the state of retirement savings. The review focuses on 401ks, 403bs, and other defined contribution plans that allow people to set aside money for retirement and often defer taxes in the process. The report, entitled "How America Saves 2018," is replete with data, charts and interesting analytics. It is also packed with some good news.
Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.