When it comes to periods of extended market weakness, the author of today’s article notes that “Retirees…tend to experience [them] differently, and more viscerally, than their still-working counterparts” as they are living off the finite balances of their portfolios. So while those who are still working may be able to ride out – or even take advantage of – market weakness, what are retirees and those nearing retirement to do? The author outlines “some key steps to take in the event of serious market volatility–or better yet in advance of it.” For more, CLICK HERE.
Preparing Your Retirement For A Market That Goes Down (And Stays Down)
Tags:Finite BalancesInvestinginvestorMarket VolatilityMarket WeaknessNearing RetirementPortfolioRetireesretirementStock Market