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This Seemingly Responsible Financial Move Could Be Hurting Your Retirement Savings

You'll stand a much better chance of reaching your retirement goal if you can avoid this.

This Seemingly Responsible Financial Move Could Be Hurting Your Retirement Savings

This Seemingly Responsible Financial Move Could Be Hurting Your Retirement Savings

Published June 12, 2026 · Category: Finance

Overview

If you hope to retire comfortably someday, then saving for the future needs to be a high priority. But that's tough for a lot of people to do. Obviously, you have to pay for your living expenses first. For some, that eats up most of their income.

Others have extra cash to spare, but they also have a lot of debt they're trying to get off their plate. And that's where people can make a seemingly smart decision that could come back to bite them.

Image source: Getty Images.

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Originally published at www.fool.com.

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