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Can I still retire after the stock market downturn?

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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.

 

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