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Is This $136,852 Gift Hidden in Your 401(k)?
Fox Business 
May 20, 2019
"60% of 401(k) plans now offer auto-escalation ... [Assume] you earn the median household income in the United States ... Visualize that you never receive any raises, that your 401(k) doesn't have a match, and that you save 6% of your salary in it every year for 30 years at a 7% annual return ... At the end of 30 years, your nest egg is worth $372,183.... [If you] have auto-escalation built into your 401(k) ... your savings are worth $576,545 ... Part of that is the additional contributions from saving more each year toward your 401(k) ... But the larger part is thanks to the compounding of those extra savings."
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