Breaking Open The National Piggy Bank

The chart above reflects the total dollar assets of IRA accounts by the end of 2018. Let’s assume a 20% increase in 2019 and a 20% decline in 2020, bringing the total value back to $7.4 trillion.

The purpose of IRA (and other similar) accounts is to save for “later” — most typically assumed to be retirement. But, today could also be viewed as a “later” time — a time when we need to be able to…

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