COLUMN-Already retired, or close to it? How to think about volatility in perilous times
The breathtaking
coronavirus-induced plunge of the stock market has unnerved
retirement investors of all ages, but it poses special risks for
people close to, or already retired. Unlike younger workers with
many years ahead of earning and saving, older investors are less
able to fall back on income from work and may have less ability
to wait out their losses.
coronavirus-induced plunge of the stock market has unnerved
retirement investors of all ages, but it poses special risks for
people close to, or already retired. Unlike younger workers with
many years ahead of earning and saving, older investors are less
able to fall back on income from work and may have less ability
to wait out their losses.
Posted by Reuters
