Tag: emergency expense
It would offer easy access to emergency funds and encourage retirement saving. For 20 years, I have liked the idea of attaching a credit card to 401(k) accounts so that account holders would have an easy source for emergency saving. My colleagues mocked me mercilessly. Now that they have moved the need for emergency saving…
Many workers are poorly prepared for retirement. Inadequate savings is a primary culprit. But the question of why workers don’t save enough was debated by our readers in comments posted to a recent article. The article pertained to a new study showing that life gets in the way of saving, which is derailed by major…
