Didn't Anyone Tell You Investing Rules Change in Retirement?

If you're close to retirement or already retired, merely reacting to the latest bout of market volatility, viewing it as a warning, may not be enough. It's time to sit up and take notice, understanding what a larger potential correction could do to your financial situation.

Could a market correction, like the one we experienced a decade ago, sink your retirement plans? For those near retirement, a 15% to 20% market decline likely wouldn't make a big change in retirement lifestyle. However, a downturn of 30% to 40% could be catastrophic.

Instead of hiding and doing nothing (which could be a big mistake) or panicking and abandoning your plan altogether (which could be an even bigger mistake), why not consider taking