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Now's a Really Good Time to Fund Your Retirement Plan -- Despite the Stock Market Crash


Many people struggle to save for retirement, even when the economy is strong and life carries on as usual. But now that the country is deep in crisis mode, many people are suddenly struggling to keep their paychecks or manage their jobs remotely. Many are also rushing to stock up on key supplies so they're able to hunker down at home for as long as possible, and that means spending more money, not less, on groceries and essentials.

As such, funding your 401(k) or IRA may not be at the forefront of your mind right now, and understandably so. But if you happen to be in the fortunate position of having extra money on hand or keeping your full paycheck throughout this ordeal, then now's actually a great time to put extra cash into your retirement plan.

IMAGE SOURCE: GETTY IMAGES.

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Source Fool.com


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