Americans' retirement plans have lost as much as $2 trillion or about 40% value in the past 12 months, Congress' top budget analyst estimated.
The upheaval that has engulfed the financial industry and sent the stock market plummeting is devastating workers' savings, forcing people to hold off on major purchases and consider delaying their retirement.
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[...] HallStyle wrote an interesting post today onHere’s a quick excerptThe upheaval that has engulfed the financial industry and sent the stock market plummeting is devastating workers’ savings, forcing people to hold off on major purchases and consider delaying their retirement. [...]