Which 3 Questions Should You Ask Before Retiring in a Bear Market?
A bear market is characterized by a sustained period during which the equity markets are down 20% or more from their recent peaks. In addition to widespread price drops, market sentiment sours, and investors begin panic selling. While not all bear markets lead to recession, it is a risk as unemployment rates rise and corporate confidence falls.Sounds like a terrible time to retire, right? That may not be the case, especially if you're prepared. You can begin preparing by asking yourself these three questions.Image source: Getty Images.Continue reading
A bear market is characterized by a sustained period during which the equity markets are down 20% or more from their recent peaks. In addition to widespread price drops, market sentiment sours, and investors begin panic selling. While not all bear markets lead to recession, it is a risk as unemployment rates rise and corporate confidence falls.
Sounds like a terrible time to retire, right? That may not be the case, especially if you're prepared. You can begin preparing by asking yourself these three questions.
Image source: Getty Images.
