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Retirement Savings Lose $2 Trillion in 15 Months

washingtonpost.com » 2008 » October » 7th » Retirement Savings Lose $2 Trillion in 15 Months

Tagged: washington dc, wall street, in, retirement, george miller, 2, lose, savings, 15, trillion, aarp, months, u s federal reserve, peter r orszag, u s congressional budget office, u s bureau of labor statistics, employee benefit research institute, teresa ghilarducci, new school university, committee on education and labor, jack vanderhei, jerry bramlett

The stock market's prolonged tumble has wiped out about $2 trillion in Americans' retirement savings in the last 15 months, a blow that could force workers to stay on the job longer than planned, tighten their wallets and possibly further stall an economy reliant on consumer spending, Congress's … Continue Reading »

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