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Wall Street, Coronavirus, and retirement
Did you know you can still get a guaranteed 8% return in this era of turbulence and coronavirus? Just continue delaying Social Security from full retirement age (66 to 67 depending on birth year) until the maximum age of 70. The fear of the virus is causing a sell wave on Wall Street and will have a short term impact on people’s 401k retirement plans. Those nearest retirement could feel the impact the most. This informative piece by Greg Iacurci of CNBC can be read here.
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