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Smoothing the Path: Balancing Debt, Income, and Saving for the Future (Page One Economics)

The life cycle model shows that saving for the future requires people to limit consumption during their working years and save so they will have a "nest egg" to draw on during retirement. Recent changes in how people save for retirement have shifted some responsibility from firms to individuals. Read more in the November 2014 issue.

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Audience:   High School, Consumers, College
Language:   English
Subjects:   AP Economics, Economics
Resource Types:   Publications, Lessons
Concepts:   Taxes