How to manage retirement savings in a volatile market

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Kerry Hannon Notícia

Retirement Savings,Retirement,Global Market

The major indexes (^DJI,^GSPC, ^IXIC) continue to slide as a global market sell-off rocks Wall Street. But what does the movement mean for your retirement...

) continue to slide as a global market sell-off rocks Wall Street. But what does the movement mean for your retirement savings? Yahoo Finance Senior Columnist"This is a time, when you're a retirement saver, to kind of take a breath because we see this often. Volatility happens in the stock market," Hannon explains. She notes that if you're investing in a retirement account, you will experience periods where you're buying high and periods where you're buying low.

And so it's a time when if you step back as, as we look at this stuff, um if you're investing for retirement right now and if even as you near retire, what's happening is you're investing, if you're an employer 401k plan, you're buying high, you're buying low. Um Think about what I mean, if it makes you really nervous, then, then maybe you do wanna shift to a more conservative portfolio.That's what we've seen, uh, over time and it's still needs to be part of your plan.

Wall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.We’re taking a look at the good, the bad and the noteworthy with Caleb Williams from the 12th practice of Bears training camp.Yahoo Sports’ Allyson Felix breaks down the torso rule, explaining how Noah Lyles won gold over Kishane Thompson in the men’s 100-meter final on Sunday in ParisPredicting the best teams in college football is hard. There will be mistakes.

 

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