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4 Things Retirees Should Know About Retirement During a Bear Market
The S&P 500 (SNPINDEX: ^GSPC) is up year to date. So is the Dow Jones Industrial Average (DJINDICES: ^DJI). Any talk about a bear market seems outdated after the major indexes' resurgence in recent weeks.However, billionaire hedge fund manager Steven Cohen has warned that the S&P 500 could sink again and perhaps retest its April lows. If he's right, the stock market could again be precariously close to bear market territory. Retirees might want to prepare just in case Cohen's prediction comes true. Here are four things they should know about retirement during a bear market.Continue reading
The S&P 500 (SNPINDEX: ^GSPC) is up year to date. So is the Dow Jones Industrial Average (DJINDICES: ^DJI). Any talk about a bear market seems outdated after the major indexes' resurgence in recent weeks.
However, billionaire hedge fund manager Steven Cohen has warned that the S&P 500 could sink again and perhaps retest its April lows. If he's right, the stock market could again be precariously close to bear market territory.
Retirees might want to prepare just in case Cohen's prediction comes true. Here are four things they should know about retirement during a bear market.
