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If you keep up with ModMoney, you know I talk a lot about the importance of saving early to build wealth. By now, you are an expert on the power of compound interest and the ability of time to exponentially grow your nest egg, allowing you to retire earlier than you ever thought you could.
Most of us save primarily through an employer-sponsored retirement account like a 401(k) or a Roth IRA. However, your savings should not stop here! You can't withdraw from your 401(k) until retirement, so it's important to have savings you can access earlier. This savings account should protect you against unexpected events and expenses. But how much should you save, and what are the best high-interest savings accounts? Here's what you need to know.