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Are stock market gyrations a major obstacle to retirement?

A recent report by Gary Burtless, a senior fellow in economic studies and the John C. and Nancy D. Whitehead chair at the Brookings Institution, stated while usually drops in the stock market have “very limited impacts on the investment and consumption behavior of most Americans;” he noted this may be beginning to change. With the rise of 401(k) and IRA plans, all of which hold equities, the average American is becoming more dependent on market movements than generally realized. Read article here…

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