4 Ways Your Retirement Plan Can Survive Volatile Market

Friday, 25 January 2019 11:08 AM A volatile stock market is raising the anxiety level of some investors – especially those nearing retirement. In the wake of last year’s closing tumble – the S&P 500 lost 6.2 percent in 2018, its worst showing since the 2008 financial crisis – market analysts and those with equities comprising much of their portfolio aren’t quite sure what to expect in 2019. Such uncertainty necessitates reviewing and perhaps adjusting a retirement plan to protect against market downturns, some financial advisers say. “When you’re getting closer to retirement and truly planning for it, you have to understand the effects of volatility,” says Christy Smith (www.thepresleygroup.net), founder of Presley Wealth Management and an investment adviser representative. “People forget easily the pain of the recession when the markets are doing well. But the market will always go up and down, and it’s a struggle teaching people that to have a successful retirement, they need to truly diversify, and recession-proof, their retirement portfolio. Read more here >>>

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