Latest News
For New (or Soon to be) Retirees: Thoughts on Handling Market Turmoil
So, you’ve made it to retirement (or have it firmly in your sights), and the market takes a sudden downturn. That can happen, and in the economy we have, it has happened repeatedly in past years. Whether it’s something like the COVID-19 pandemic, or the market reaction to tariff wars, or anything global that causes the market to shudder, the feeling of losing a significant part of your accumulated financial base can be devastating. The trick to surviving in a situation like this is to stay methodical, as suggest in this post Yahoo!Finance post by Morningstar’s Christine Benz.
Ms. Benz describes the sequence-of-returns risk posed by market conditions, and offers thoughts on steps to take to ensure your savings portfolio’s survival. Check out her post here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.