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Ask Paula: Am I Saving Enough For Retirement?
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How to Save for a Mini Retirement
Trace: I'm planning to take a mini retirement on the next one to two years, most likely starting in February of 2024. Where do you recommend storing these funds for a short period of time, totaling $25K and still allowing them to work their hardest? Joe: Ally Bank is as of the time that we're recording this, paying around 4% for a money market account,. 3.75% APY on an online savings account.
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