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with helping households accumulate liquid savings that can be deployed when urgent pre-retirement needs arise … financial shocks. One consequence of this financial vulnerability is that many individuals use a portion of their retirement … savings during their working years. For every $1 that flows into 401(k)s and similar accounts, between 30¢ and 40¢ leaks out …
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with helping households accumulate liquid savings that can be deployed when urgent pre-retirement needs arise … financial shocks. One consequence of this financial vulnerability is that many individuals use a portion of their retirement … savings during their working years. For every $1 that flows into 401(k)s and similar accounts, between 30¢ and 40¢ leaks out …
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