Amid worker concerns that they don't have enough money set aside to retire, stock market gyrations such as those occurring earlier this month could be viewed as a major obstacle to retirement.
But that's not necessarily the case, according to a report in RealClear Markets by Gary Burtless, a senior fellow in economic studies and the John C. and Nancy D. Whitehead chair at the Brookings Institution —although that might be beginning to change.
While usually such drops in the market have "very limited impacts on the investment and consumption behavior of most Americans," what's more difficult to evaluate is the effect on patterns of retirement.
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