Our Top 10 Smart Money Moves (Page 4 of 12)
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Money Move #3:
Continue Saving for Retirement
Your nest egg has probably taken a beating along with everything else in the market, but that doesn't mean you should stop saving for the day you stop working. Don't let a bad market derail your plans.
Continue making contributions to your 401(k) plan. At a minimum, you should contribute enough to take advantage of any employer "matching" and put in the maximum if you can swing it.
This may sound counterintuitive in an ugly market like this, but if you don't need the money and have a few years before you start making withdrawals, you'll be all set to reap big rewards down the road. Be sure your investment strategy always reflect your risk tolerance, your long-term goals and your retirement timeline.





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