How to Protect Your Retirement Savings in This Volatile Market

Robert Powell, CFP®

A Retirement Daily subscriber wrote to us: "What is the best thing to do with a 401(k) if the market keeps crashing or we go into another recession when I only have a few more years to go before retiring? I need to minimize losses at this point."

This question is asked frequently, especially during stock market volatility the likes of which we've been seeing. And this concern is a common one. If fact, many investors, and especially those on retirement's doorstep, are anxious about the market right now. 

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