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Old 12-29-2018, 07:34 AM
rustyp rustyp is offline
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Quote:
Originally Posted by ColdNoMore View Post
...as stocks tumble.


An interesting article...applicable to a lot of us.


Stock Market Volatility (poke Here)
From the same article - "Retirees have less time to recover from bad investment moves than younger workers. Their portfolio could be even more at risk if they hold on too long in a prolonged decline.s. "

A 50% drop in the market takes a 100% rise to make it back to breakeven. For most seniors it takes more than 100% due to the fact they are making monthly withdrawals to live thus the base is smaller than when the market went down. Sleep tight.