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Saving and Investing in the Current Economy

Wall Street took a serious whacking this week, and in light of the recent events investors are in a frenzy trying to predict the market's future. The New York Times personal finance columnist Ron Leiber discusses how to approach saving for the short and long term in his brief video below, and he brings up an interesting point about those nearing retirement possibly having to work longer or restructure their plans. Have your parents had to reconsider their retirement time line because of the current economy?

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