If you’re an older worker who was planning to delay claiming Social Security retirement benefits, but your plans have been derailed by coronavirus, here are some options you might consider. Read the article by Mark Miller here.
If you are, some experts say you’re getting a preview of what retirement may look like for you. Read more from Glenn Ruffenach on the topic.
It might not seem like it, but in fact, if you have savings in a 401(k) or IRA right now, there may be a possible silver lining brought about by the volatile market. Read more from Jim Mahaney.
Best advice we’ve heard for dealing with the current situation: “Wash your hands. Ignore the markets. Don’t touch your face. And don’t touch your stocks.” Read more from Annie Lowrey here.
The news has been unsettling, and the markets have been volatile. But if you’re a long-term investor, what should you do with a 401(k), IRA or 529 savings plan for your kids’ college tuition? Stay the course. Read more about why from Paul R. La Monica here.
As a young writer, the author received this piece of advice: “Listen to me,” she said. “The one thing you don’t want to do is treat your retirement accounts like an emergency fund. Once you put the money in there, pretend it doesn’t exist until you’re ready to stop working.” Read why it changed the way the author viewed and treated her 401(k) savings plan, from Tara Mastroeni, here.