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Retirement Money Market Fund

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Summary: A retirement money market fund is especially useful to the young investor. Learn more about retirement money market funds with tips from a registered financial consultant in this free video on financial planning.

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By Patrick Munro
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Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more

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Video Transcript

"Retirement is an important time in anyones life to make sure that they have enough money for their current needs. Amongst fixed investments and various other investments that may be tied up, it is important to have liquidity for current emergencies. This is where money market mutual funds and money market actual funds are beneficial to the retiree. You can start accumulating these early in life and the account balances can be quite large. Many times when the account balances get too large you can redeploy them into a larger fixed asset. But, as you get closer to retirement you should pair some of those fixed assets back into liquidity positions, and you can enjoy the peace of mind that they will offer you in retirement. Having your money ready available in cash so that you can pursue your dreams is always a great plan. This is Patrick Munro talking about the highest yielding, liquidity money market accounts in retirement."

eHow Article: Retirement Money Market Fund

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