Are you over-exposed?
Are you over-exposed to the market?
Is your portfolio down 20%? You’ll need a 25% gain to return to break even. Overall long-term value of the market is a net positive. If you’ve got 20 years before retirement, don’t sweat it. However, if you’re in the “red zone of retirement” (you plan to retire within five years, or you’re in your early years of retirement), you should be concerned with volatility, it can blow up your retirement plan.
Here’s the good news, there are products designed to protect your nest egg. Literally, you can’t lose money; however, you can post gains when the market is positive.
Learn more: https://www.yourretirementkeys.com/post/protected-accumulation-is-it-possible