Americans are reducing their retirement savings. That s a warning sign, experts say. | Visionary Horizons Wealth Management
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Americans are reducing their retirement savings. That s a warning sign, experts say. | Visionary Horizons Wealth Management
New data shows that some Americans are contributing less to retirement accounts, reflecting ongoing financial pressures. On average, contribution rates fell slightly, with full-time workers setting aside 8.9% of income, down from 9.2% the previous year. At the same time, about 1 in 4 workers reduced their savings, and nearly 20% took loans from ...
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