Why tapping retirement accounts is a rotten idea
One in 3 workers cash out their retirement accounts when leaving jobs, according to research provided by the Women’s Institute for Secure Retirement (WISER).
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One in 3 workers cash out their retirement accounts when leaving jobs, according to research provided by the Women’s Institute for Secure Retirement (WISER).
“More women are talking about money and investing,” Kapusta said. “It’s getting less and less taboo, especially among this younger generation.”
“Embrace volatility,” she said. “When the market takes a dive, your periodic 401k/403b contributions are getting to buy into your chosen investment strategy at a cheaper level.”
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"Black Americans do not save for retirement. Part of it is the lower income jobs, but part of it is also financial literacy."
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Longevity, high medical costs and low savings rates will keep us working for a long time.
"As a 'middle-aged' female, I believe COVID has set my retirement age back at least three to five years due to my fear of uncertainty of many things."