What Retirees Should Know About Managing Withdrawals During Market Volatility
Every time the market tumbles, many retirees are forced to make a decision they had hoped to avoid.
Overview
It's been a raucous past few weeks for stocks. After rallying in April and May, the market reminded everyone in June that nothing lasts forever. Stocks stumble, too. And the current one may well drag on, evolving into a full-blown correction.
And this raises the question: What do retirees making withdrawals from their retirement accounts do in situations like the current one, which could worsen before it gets better? Here are three important things to know about taking distributions when the market is volatile.
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Originally published at www.fool.com.
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