Is Retiring in a Year From Now Still Possible?
The COVID-19 crisis has sent the stock market on a wild ride, so much so that it plunged into bear market territory. More recently, we saw some recovery, but it's certainly too soon to declare that the bear market is over and a bull market is under way.
All of this volatility is enough to drive even the most seasoned investors crazy. But it can be especially tough on near-retirees, who may, at this very moment, find themselves wondering whether leaving the workforce in the near term is possible given what's going on.
Of course, anyone planning to retire in the next month or so would be wise to consider postponing that milestone to let the stock market make a full recovery. But is retiring in a year from now still on the table?
Source Fool.com
