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Older Workers Suffer Steep Losses In Retirement Accounts

But there’s still time to recover.

The nation’s financial problems have proved costly for workers at retirement’s doorstep. Nearly one in six lost roughly a third or more of the value in their 401(k) plans—America’s primary savings vehicle for retirement—from the start of the recession in December 2007 through this June, a new report finds. … Back to Article

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