Is It Safe to Retire in a Bear Market?

Also: Roe v. Wade Overturned: 12 Ways Abortion Bans Will Hurt Americans Financially

͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  June 28, 2022 Picture this: You've finally picked your official retirement date. You've told your colleagues where you want your goodbye party catered from and you've booked flights for your first post-retirement trip. Maybe you're even considering a move to a sunnier state. Then, boom. Stocks fall into a bear market and recession fears take over. Unfortunately, this is a reality many people are facing right now. Financial markets have experienced a massive selloff in recent months, and even the classic 60/40 investment portfolio — made up of 60% stocks and 40% bonds that's often a default recommendation — is getting clobbered. If you were planning on retiring soon, is it still safe to ditch your job given the current market environment? I answered that question in a recent story, and spoke with experts about how to make the transition into retirement as smooth as possible, even during a market downturn. — Mallika Mitra, lead investing reporter P.S. If you got this newsletter from a friend, sign up here for email delivery to make sure you don't miss the next issue. Timely Retirement News, Insights, And Advice

Recession Watch 2022: What to Know About the Economic Downturn — and Its Impact on Your Money From why recessions start to how long they last, here are the answers to all your burning questions. READ MORE

Roe v. Wade Overturned: 12 Ways Abortion Bans Will Hurt Americans Financially Research shows that abortion restrictions at the state level cost the economy $105 billion a year. READ MORE

Inflation Is Hitting the Middle Class Especially Hard The culprits? The high cost of cars and gas. READ MORE

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