Is It Really Safe to Retire Right Now?

It's been a whirlwind couple of years for the stock market. Following the market crash in March 2020, stock prices have reached staggering new highs. In recent months, though, the market has been shaky.

There are a slew of factors that could impact the stock market. Inflation, for example, continues to soar. Many companies are still facing a labor shortage. And some people worry that surging housing prices could result in a bubble -- and if that bubble bursts, we may be in for a market downturn.

If you're nearing retirement, all of this uncertainty can be unnerving. Does that mean you should consider holding off on retiring until the market stabilizes? Or is it still safe to retire now? Here's what you need to know.

Source Fool.com