Archive - June 9, 2020

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The Pandemic Has Changed the Rules for Retirement

The Pandemic Has Changed the Rules for Retirement

Washington Post columnist Michelle Singletary offered new rules for retirement savings in “Forget what you’ve heard. Here are the new rules for post-pandemic retirement,” and  we are going to discuss two of them that relate to retirement planning. “Old rule: Make retirement savings your No. 1 priority. New rule: Make paying off debt, especially high-interest debt, a priority.” Someone who considered making it a priority to pay off debt might have been told that it would be better to concentrate on saving for retirement before the pandemic. However, now Singletary writes that carrying high-interest debt… Read More

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