Stocks Are Way Down. Can You Still Retire?
Many people spend decades saving and planning for their eventual workforce exit. But if you've just reached your target retirement age, you may be wondering if it's smart to go through with your plans to close out your career given the state of the stock market.
As of this writing, the S&P 500 index is down roughly 24% year to date. And current market conditions may have you questioning your retirement plans.
Now on the one hand, waiting to retire could make a lot of sense given how turbulent the market has been. But if you're really eager to end your career, you don't necessarily have to put off those plans because the stock market has been far from cooperative.
Source Fool.com
