Q: Pay Off Debt or Save for Retirement? A: Both

Andrea Coombes of NerdWallet includes Joe Heider, president of Cirrus Wealth Management, in an article discussing how workers can pay off debt while saving for retirement. Heider comments on starting up an emergency savings account, “Having at least a couple of months’ worth of expenses saved up is good planning. You lose your job, you get laid off, you get sick — it gives you a bit of a cushion when you need it most.”