The new financial and political challenge known as “Brexit” is a good reminder that your plan for the late, or second, stage of your retirement should not depend on the stock market.
In the two days following Britain’s vote to exit the European Union, the Dow Jones Average plunged 800 points. The markets have since rebounded, but here’s the question you ought to ask yourself:
Will I feel secure in my retirement if my savings are fully invested in financial products that swing so wildly and unpredictably? More