News Formal

Can I still retire after the stock market downturn?

  • 📰 njdotcom
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Your savings should be kept in buckets so you can avoid selling in a rush.

Karin Price Mueller | NJMoneyHelp.com for NJ.com

Q. I was planning to retire next year so only 70% of my retirement funds are in stocks. Of course they have taken a really bad hit but hopefully it will come back over time. How can I figure out, given that I don’t have a crystal ball, if I still have enough to retire next year or if I might have to work longer? I don’t want to take losses on these investments.Note to readers: if you purchase something through one of our affiliate links we may earn a commission.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 282. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian Stock Market: Recovery elongates on softer DXY, oil advances graduallyMarkets in the Asian domain have extended their rebound as the US dollar index (DXY) has displayed a weak performance in the Asian session. The DXY st
Source: FXStreetNews - 🏆 14. / 72 Read more »

Wall Street elite investor worries: recession, inflation, stock market crash, and Fed mistakesWall Street's elite investors are convinced a recession is all but inevitable — and the stock market's collapse has only just begun looking that way over here too ☹️ 'Don't you see? Mr. Potter is buying, not selling.
Source: BusinessInsider - 🏆 729. / 51 Read more »