Fidelity's 5-Step Plan: Bounce Back from Retirement Setbacks
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Allianz study shows 51% of Americans paused retirement savings due to financial strain. Fidelity Investments offers a 5-step plan to help anyone, regardless of age, bounce back. The plan includes creating a budget, paying off high-interest debt, and utilizing health savings accounts. It also warns against 401k loans and early withdrawals, and provides tips for balancing other goals and staying motivated. New 2026 limits offer a boost, with 24,500 for 401ks and 7,500 for IRAs. Fidelity encourages everyone to restart their retirement savings journey now.
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