Good Time to Keep Going
Inflation is rising. Home prices are falling. Oil and stock prices are volatile. Could this be a good time to ramp up your retirement savings? You might be surprised at the answer. Some 16% of survey respondents said they have increased the amount they are saving as a result of the economic downturn. Of course, you could infer from this finding that 84% haven’t increased their retirement savings. But in our complex and competitive world, it’s not unusual for the minority to know more than the majority. Why would anyone put more money toward retirement now, when the outlook is…