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7 Retirement Financial Mistakes to Avoid

November 11, 2019 · Personal finance

Accessing Savings Before Retirement

The best way to avoid penalty fees is to not even touch savings before you’ve retired, right? Well, we’d like to think so, but pretending emergencies won’t happen is simply foolish.

Save yourself the trouble and doubt by creating a separate saving account for just emergencies. It might seem like you’re putting a lot of money away for no reason and we don’t blame you for wanting more cash to spend on day to day activities instead. But when disaster strikes, wouldn’t you rather be covered?

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