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In general, this means that people are more likely to be more aware of how much cash they're holding than the other numbers in their financial life, like the balances on their retirement accounts (which, being less 'immediate' in their intended purpose, are not often at the forefront of most people's minds to the same extent that cash is).
In general, this means that people are more likely to be more aware of how much cash they're holding than the other numbers in their financial life, like the balances on their retirement accounts (which, being less 'immediate' in their intended purpose, are not often at the forefront of most people's minds to the same extent that cash is).
From a sector standpoint, industries tied to discretionary spending – travel, restaurants, and retail – typically bear the brunt of job losses. What else are you seeing that is weighing on investors, and how is this impacting their ability to save for retirement? Fortunately, unemployment around 5.5%
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