THE NEW HOLISTIC RETIREMENT • 27
If you wer e a young saver dur ing this los t decad e of ihnavde sptlienngt, yy oo uf tpi mr oeb at ob l ymda ikden ’ut ph at hv oe steo lwo sosrersy. tBhuatt, mf our c sha. vYeorus nearing retirement— or t hose alrea dy retired—volatilit y in the market may have thrown a big wrench in your plans. The closer you are to retirement— or t he furt her int o retirement you already are—the less elasticity your retirement funds have to respond to market turbulence. The Flip Side of the Coin Of course, I’m not assuming your retir ement funds are all invested in the stock market. In American retirement savings, we like to diversify our ainssstertusm. Wenetso,flfiskeet volatility in the market with fixed income C Ds, bonds, and money market funds. This is especia ll y true as we enter and live in retirement. We ll, i n the post-COVI D era, we’ re facing an uphill battl e to balance growth and protectio n. In the ne xt chapter , Marty wi ll e xplai n wh y. The “Lost” Decade of Investing
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