Rather than plan
your retirement around market ups and downs, I suggest that you look at all the different ways you can deal with some fluctuations in your spending.
Not exact matches
A recent study, published on
Market Watch of over 15,000 consumers found that the average American will run out of
retirement funds, other than state and occupational pensions,
around 14 years into
retirement.
As you can imagine, there's a lot of demand for this kind of person, given that our whole society seems centered
around financial worth — we're all reliant on the stock
market for our
retirement, cures to diseases only happen if they increase shareholder value, and the latest murder has been replaced by the latest merger on the front page of every major newspaper on the planet.
He came out of
retirement at 78 years old to reclaim his spot as CEO and turn the company
around — about the time when Tinder hit the
market.
Life - after -
retirement for Theodore Roosevelt Washington (aka Teddy) centers
around hanging out with the other rowdy old men in front of Pee Wee's
Market.
Conventional wisdom, as captured in the CNNMoney toy, has young people putting virtually, or even actually, all their savings in the stock
market and tapering this down so slowly that even at
retirement around half is in stocks.
That was the year Lehman Brothers went belly up, stock
markets around the world plunged in response, and individual
retirement accounts were savaged.
David Blanchett from Morningstar gave a presentation
around «
Retirement Planning During
Market Peaks» where he noted that while Individuals who are currently retired are happy (today) and feel confident about their individual situation — they are also concerned with the overall
retirement landscape.
Considering that
market indices outperform
around 85 % -90 % of active mutual funds, this means a much more enjoyable
retirement.
Researchers identified the three main investment risks that drive uncertainty
around future consumption in
retirement:
market risk, interest rate risk, and inflation.
Remember, though, the point of this exercise isn't to shift your
retirement savings
around based on your (or someone else's) guess of how the stock and bond
markets are likely to perform over the next year or so.
«Whether your
retirement is a ways off or
around the corner, it is important to consider your investment goals, make a plan, and diversify to protect against short - term
market shifts while working towards your longer - term objectives.»