Retirement Advisor: Little Leak Leads To Large Losses

Published: Feb. 19, 2020, 10 a.m.

Most Americans do not have emergency funds, a seemingly small oversight that likely has very large repercussions. This podcast (6:11) argues that the absence of such funds lies at the root of a hazard that reduces retirement savings by about a fifth, a “leakage” that amounted to $69 trillion in a year, in one recent U.S. government study. Learn more about your ad choices. Visit megaphone.fm/adchoices