More Americans are living longer which means more people are working longer.
A study by T Rowe Price showed that more than half of employers automatically enroll their employees into a 401K program.
They say when employees are automatically enrolled, 88% stick with it. But when they're not, less than 50% contributed to a 401K savings plan.
Experts recommend saving 15% or more of your salary. If you can't do it all at once, start saving gradually, experts say.
They say even 1-2% per year can make a difference and add up.