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  • Housing cost being the one of the largest living expense. The Bay area is among the highest on the west coast. So is Santa Barbara. Nevertheless it is encouraging that workers are contribute more to their retirement account.
  • It helps that many of these are also among the highest paid in the country, on average. They are likely the most able to increase their 401k contributions. Not so for the average worker around the country.
  • I wonder if the high taxes in California prompt some to put more away?
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