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4/27/2011

CNBC

Despite increasing signs of a stabilizing U.S. economy, 19 percent of Americans - including 17 percent of full-time workers - have been compelled to take money from their retirement savings in the last year to cover urgent financial needs, the Financial Security Index found.

Though 80 percent of full-time workers didn't dip into retirement funds, far too many consumers are ill-prepared for emergencies, says Kim McGrigg, manager of community and media relations at Money Management International, a credit counseling agency.

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