Investing 3: Smooth Spending & The 401K
Planet Money Summer School
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Is It Ever Too Late to Start Saving for Retirement?
We've learned ways to put less of an onus on individuals, mainly through automatically signing up people for these plans. Is it ever too late to start saving for retirement? No, never. You can start any time. There's a limit on how much you can put in your four or one k each year. But once you get above 55, that limit increases. So we can encourage people to save even more as they get closer to retirement.
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