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A retirement savings plan is designed to cover any unexpected expenses you may incur, not just your retirement.
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False.
A retirement savings plan is intended to provide income in retirement. Unexpected expenses are typically handled with an emergency fund or short-term savings and insurance, not long-term retirement accounts.
A retirement savings plan is intended to provide income in retirement. Unexpected expenses are typically handled with an emergency fund or short-term savings and insurance, not long-term retirement accounts.
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