Economic uncertainty in 2023 did not deter Americans from saving for their future. Our “How America Saves 2024” report underscores a resiliency to maintaining a long-term approach to retirement saving. https://vgi.vg/3WkcOTV #HowAmericaSaves2024 #Retirement #HAS2024
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I may be off the mark here, but doesn't economic uncertainty always increase savings rates? People spend when the path ahead appears always sunny, and tend to save funds (or reduce debt) when there could be wars, pandemics, recession or depression ahead.