Retirement Savings vs. Emergency Funds: How to Prioritize

Retirement Savings vs. Emergency Funds: How to Prioritize

Jamie Grill | Getty Images More from The New Road to Retirement: Here is an overview of retirement news. More than half of savers prioritize short-term financial goals in 2023, including emergency savings, according to recent research by Fidelity Investments. And a recent Personal Capital survey revealed that building an emergency fund is a top … Read more

Retirement Savings vs. Emergency Funds: How to Prioritize

Retirement Savings vs. Emergency Funds: How to Prioritize

When your budget is tight, it can be difficult to choose between retirement savings and your emergency fund, especially during uncertain economic times. Although the 401(k) contribution limit has jumped to $22,500 for 2023, experts say you shouldn’t forego emergency savings to maximize your plan. Jamie Grill | Getty Images More from The New Road … Read more