Dow Jones hits 17,000: What Happens To Your Retirement?
What happens to your retirement plans if/when the markets correct again? Can the growth be sustained? The markets have been on an exciting climb since hitting a low point of 6626 in March 2, 2009.
It’s important to remember the past when planning for the future.
Do you remember Monday March 29th 1999. We do. It was the first time the Dow Jones hit 10,000. Unfortunately, it didn’t take long for the markets to correct, dramatically delaying the retirement plans for millions of Americans who were not prepared.
There’s nothing wrong with having a certain level of risk exposure. With retirement planning, we need to make sure that risk exposure matches your risk tolerance and retirement plans.
It’s not a question if history will repeat itself, it’s a matter of when. Let’s make sure you’re prepared.
Are your family and friends prepared for a correction?