We all know the current headlines about the stock market, but did you know there are ways to exercise caution with how much you’re invested in the stock market?
Whether in retirement or a few years away, your money has less time to recover during a severe market decline, which could significantly lessen your retirement funding. Stacking most of your money in stocks leaves you with too much overall risk.
While growing your retirement savings is important, protecting it is paramount when you’re no longer employed. Being overly invested in stocks makes one vulnerable to fear-based trading when the market tanks.