What Can a Million Dollars Buy You?
$1 million in a diversified portfolio could help finance part of your retirement.
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During the COVID-19 pandemic, millions of people have learned to do more with less. Whether you’ve had to bounce back from job loss or spent weeks bouncing off the walls in quarantine, the pandemic experience included valuable lessons about saving money — and better using our savings to protect ourselves and our loved ones. As we approach a post-pandemic reality, these lessons can continue to have a positive impact on our lives and finances.
One or the other? Perhaps both traditional and Roth IRAs can play a part in your retirement plans.
Some people wonder if Social Security will remain financially sound enough to pay the benefits they are owed.