Retiring may have to wait

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Retiring may have to wait

Market instability has done a number on 401(k)s

Sunday, October 19, 2008

By James Schlett
Gazette Reporter

Retirement was fast approaching for Robert McCarthy. Then, it wasn’t.
The 64-year-old financial planner from Troy had contemplated retiring in about two years, but the stock market’s recent upheaval has him thinking he might be behind a desk for a little longer....

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