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Fall Behind on Retirement Savings in 2020? How to Get Back on Track in 2021


2020 was a tough year for a lot of people. Millions of Americans lost their jobs. Others held their jobs but saw their income take a hit. Many people fell behind on retirement savings in 2020, neglecting their IRAs and 401(k)s to focus on near-term needs.

If that happened to you, there's zero shame in that. The past year was unprecedented. Almost everyone was caught off-guard when the pandemic hit. If you're starting 2021 in a better place financially, it pays to do what you can to make up for a less-than-stellar 2020 on the savings front. Here's how.

Image source: Getty Images.

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Source Fool.com


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