RETIREMENT RETRIEVAL

While the economy may be super and an economic soft landing may be right around the corner, U.S. households are increasingly tapping into their IRA/401(k) retirement accounts. In 2018 and 2019 that percentage was about 2%. In 2020, despite Covid, it fell to 1.66% due to all the fiscal stimulus monies. In 2021, it returned to 2%, in 2022 it rose to 2.75%, and in 2023 slightly over 3.5%.

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