Can a Stock Market Crash Hurt Social Security?
Since the end of the Great Recession, the stock market has handsomely rewarded patient investors. But over the past two months, volatility has picked up in a big way. Both the benchmark S&P 500 and growth stock-driven Nasdaq Composite have endured their biggest percentage declines in nearly two years.
With the pandemic-induced crash of February-March 2020 still fresh in investors' minds, the prospect of a full-fledged stock market crash is, once again, creeping into the realm of possibilities.
While crashes and steep corrections can temporarily impact the tens of millions of people putting their money to work in the market, you might be wondering how or if these wild swings in equities have consequences beyond Wall Street.
Source Fool.com
