Tag Archive | "Benefit Research Institute"

The recession and its effect on your retirement savings

Tuesday, November 8, 2011

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The recession and its effect on your retirement savings

After working in executive management for over ten years with a steadily increasing salary, Rick Stephens, 51, was laid off from his job in June 2008. Two years of steady unemployment later, he has sold his car, moved in with his 75-year-old father and blown through all his retirement savings to stay afloat. “I pay […]

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