The COVID-19 pandemic and subsequent market crash earlier this year was the second major market setback for investors in just over a decade. In fact, some retirement-age investors were still feeling the effects of the 2008 financial crisis almost ten years later. For near-retirees, the timing of the COVID-19 market crash couldn’t have been worse, and the ongoing market volatility has many investors worried that their retirement timelines may no longer be possible. This article from Barron’s offers some great insights into ways near-retirees can shore up their savings and keep their retirement plan on schedule.
This communication is for informational purposes only. No content or reference to a third-party article is intended to be a recommendation for the sale or investment in any product, strategy or service nor should it be perceived as individual advice. This commentary does not necessarily reflect the opinions of all employees or XML Financial Group and its affiliates (“XML”). XML is not responsible for any actions taken related to this information.
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