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Reply to "Are Retirement Funds Protected from Lawsuits?"
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[quote=Anonymous]I have close to $1 million net worth, which, according to my research, would make it prudent for me to get umbrella insurance. However, I have $300,000 car insurance for liability for an accident (which is where my risk would be), leaving $700,000 exposed. The vast majority of my savings is in retirement accounts. Is it true this can't be touched? If so, I don't think I need umbrella insurance. [/quote]
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