Reported 2 months ago
In the wake of recent economic turmoil, including a disappointing jobs report and rising unemployment, retirement savers are encouraged to remain calm and focused on long-term goals rather than making rash decisions. Financial experts advise maintaining investments in stocks, automatic savings contributions, and reconsidering asset allocation, particularly for those nearing retirement. They also emphasize the importance of regular portfolio reviews to adapt to changing market conditions while keeping a mix of cash and bonds to shield against downturns.
Source: YAHOO