Should You Automatically Delay Retirement if the Stock Market Crashes Right Before?
Here's how to handle an ill-timed market downturn.
Overview
So you worked hard, saved well, and have begun making plans to resign from your job and bring your career to a close. But what happens if the stock market tanks just as you're about to begin the final countdown toward retirement?
Retiring into a market crash can be risky. If you're forced to sell assets when their value has decreased substantially, there's a chance your portfolio might never fully recover. That could, over time, put you at risk of depleting your retirement savings.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.