n Personal Finance Newsletter - Retirement savings boost consumption at the expense of total savings : retirement
|Article Title||Retirement savings boost consumption at the expense of total savings : retirement|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Jul 2008|
Money channelled into retirement funds, coupled with the taxation thereof, draws money away from discretionary saving and results in an overall decline in total savings levels.
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