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re: What retirement savings balance is your goal, and by what age?
Posted on 1/2/21 at 4:47 pm to JohnnyKilroy
Posted on 1/2/21 at 4:47 pm to JohnnyKilroy
I hope everyone has financial success, but as you know it doesn't come easy.
Covid 19 will do more to widen the gap between people in different financial brackets than anything. Of the people I knew, the ones with great jobs could simply do them from home and kept on keeping on, if fact most saved money by not traveling to work, having to find daycare for kids, etc..... Those with lesser jobs either lost them had or had hours cut and forced some to pull money out of savings just to survive.
The financial market plummet in March put some people in the poor house and others on easy street. Because, unfortunately, many had money invested they really couldn't afford to lose and started withdrawls.
Covid 19 will do more to widen the gap between people in different financial brackets than anything. Of the people I knew, the ones with great jobs could simply do them from home and kept on keeping on, if fact most saved money by not traveling to work, having to find daycare for kids, etc..... Those with lesser jobs either lost them had or had hours cut and forced some to pull money out of savings just to survive.
The financial market plummet in March put some people in the poor house and others on easy street. Because, unfortunately, many had money invested they really couldn't afford to lose and started withdrawls.
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