Why Traditional Retirement Advice Could Leave You Broke

When the stock market is volatile, people often wonder what’s going to happen to retirement money they’ve worked so hard to save and invest. Some want to pull their money out of stocks to keep it safe. Others take unnecessary risks, trying to get rich fast. Josh Brown, CEO of Ritholz Wealth Management, breaks down the most important things to keep in mind when investing as you near retirement. One of the biggest misunderstandings about investing is the role that volatility plays in your portfolio. Too much volatility, and you’re likely to panic and make disastrous decisions during the market’s roughest environments. Not enough volatility and you’re probably not taking enough risk to earn the returns you’ll need for later. It’s counterintuitive to think about volatility as your

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