2 Times When Saving for Retirement Is Actually Harmful
Saving for retirement is often touted as the most important financial goal to strive toward. And in truth, it is crucial to be preparing financially for your golden years. You may not be able to rely too much on your Social Security benefits in retirement, so if you don't have enough savings to live on, it might be a struggle just to make ends meet.
That said, it's not always beneficial to put all your extra cash toward your retirement fund. In fact, there are two scenarios where saving for retirement might actually do more harm than good.
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Source Fool.com
