'Down Market' Might Prompt Waiting Game

Summary


NEW YORK (AP) - Retiring can be especially scary if you're retiring as the stock market is dropping, which has been the case since late last year, and dragging down your account balances.

"Frankly, if you don't have to retire right now, you're better off waiting," said Christine Fahlund, senior financial planner with T. Rowe Price, an investment management firm based in Baltimore. "You don't want to retire into a down market if you can avoid it."

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'Down Market' Might Prompt Waiting Game

That's because your investmen...

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