This season’s market volatility can give any investor vertigo. But for those looking to retire in the next five years, the fluctuations are even more unsettling. CPA, author and retirement expert Ed Slott has some advice about what investors should be doing to protect themselves in these tumultuous times.
“As you get closer to retirement, income is more important than savings because savings — especially if they’re in the market — are not guaranteed, and savings can run out,” Slott tells Yahoo Finance.