How Will a Market Crash Affect Your Retirement?
There are a lot of uncertainties in the world right now, and uncertainty sometimes translates to more volatility within the stock market. The last couple of months have been more turbulent, with the S&P 500 down roughly 10% and the Nasdaq falling nearly 16% since the beginning of the year.
While nobody can say for certain what will happen with the market, some investors worry that a crash could be on the horizon. If the market takes a turn for the worse, what does that mean for your retirement savings?
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Source Fool.com
