Retirement & The 2022 Market Correction - AMAC & Forbes

With Social Security replacing only about 40% of pre-retirement income, the market plays a key role for most people’s golden years. Eric Brotman of Forbes notes the reasons behind any correction are always unique, but our reactions shouldn’t be.  He explains the pandemic, lockdowns, shortages, stimulus checks, and that the correction has been more gradual than either Y2K or the Great Financial Crisis of 2008-09. The similarity between all downturns, though, is fear. The article gives concrete steps to take and advice based on people’s different financial situations. Read it in full here.

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