For those near or in retirement, there are certainly a lot of fears to overcome.
Rising healthcare costs and running out of money during your golden years are two of the biggest concerns. But you can predict and adjust a portfolio to accommodate those issues. What’s a bit trickier is the adjusting for the third-biggest concern – and that’s the whims of the market.
Bouts of volatility and downturns do happen. And they can wreck even the most carefully laid retirement plans. The problem is, according to a new study, investors should get used to feeling more of these market shocks.
With big-time booms and busts becoming the norm, investors will need to think differently about how they build and manage a portfolio.