Without this cushion, even
a small financial setback can become a serious problem.
What could have been
a small financial setback can turn into a financial nightmare that takes years to bounce back from.
With their credit maxed out, all four experts we interviewed agreed the next four years would leave them vulnerable to even
a small financial setback.
Not exact matches
A savings plan like an emergency fund that is too
small puts you at risk of not managing to offset
financial setback and if it's too big, then you are losing money to opportunity cost.
This feel for making frequent
small adjustments is especially important when you consider that at some point over the course of retirement you're likely to experience a
financial disruption or
setback of some some sort that can throw a money wrench into even the most carefully laid plans.
A family goes through many other big and
small issues apart from the
financial setback due to an early death of the breadwinner.