Stock markets are unpredictable, but throw in an election year, and that makes things all the tougher on retirement savers. If you’re worried, here are some steps to protect your retirement now (and always).
No one can predict what will happen, or if a particular candidate or party’s success will impact investments for better or worse. But uncertainty and change do tend to bring on volatility. (Remember the “Trump Thump” just days after the 2016 election? Global bond markets experienced a $1 trillion loss as investors reacted to the possibility that Trump’s plans for tax cuts and fiscal stimulus could create inflation.)