You often don't hear much about the markets when they’re doing well.
Life goes on as normal, and you have a sense of security that your financial future is in good hands.
But when the market goes down, people tend to panic.
That’s a natural reaction when you see your savings decline right in front of your eyes. You might start having second thoughts about how you could have allocated your money a little differently, but what can you actually do about it now?
In these extraordinary times, you don’t have to go it alone. We’re here for you, ready to answer your questions, offer a second opinion on your retirement income strategy or just listen to what’s on your mind.
But what can you actually do about it now? First, take a deep breath.
You have resources in your corner to help you stabilize your retirement income avenues. No matter how much of your portfolio is tied to the market’s performance, here are three things you should consider doing when the market is declining: