It takes discipline to stay on course with your retirement plan. Recent studies confirm that people often panic when stocks go down by a sizable amount and especially when a downtrend continues.
Market volatility – including last week’s 871-point drop in the Dow Jones Industrial Average over renewed tariff threats – can be hard to stomach. Combined with persistent inflation, those drops can prompt people to pull money from the markets or stop saving altogether.
But I’m not convinced that’s the right choice.
This post originally appeared at U.S. News & World Report.
