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Inflation and ongoing financial issues from the COVID-19 pandemic have hit many Americans hard. We can cut corners and curb spending, but what will our ability to save for health care expenses in retirement look like in the future?
There's no better time than the present to encourage your employees to think about the future. National Financial Awareness Day on August 14 is a day dedicated to sharing financial principles and practices people can follow to boost their retirement savings. It's a great time to look at what we're spending — and saving. And health care takes the lead for costs in retirement.
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