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The pandemic has added financial pressure to people and households already struggling to make ends meet, not to mention save for long-term expenses and retirement. Even before the pandemic, about 40 percent of households indicated they would have trouble paying an unexpected expense of $400.
Those with substantial assets were more likely to benefit from the strong stock market last year, according to a new report from the Center for Retirement Research at Boston College titled "Did the Stimulus Checks Help People with Unexpected Expenses?"
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