If you have a good long-term investment plan in place and you’re years away from having to tap your retirement funds, don’t keep checking on how the daily stock swings are affecting your retirement account. ADADReader Question of the WeekIf you have a retirement question, send it to colorofmoney@washpost.com. Run the numbers, Glink urges, writing: “It’s risky to put too much faith in the power of real estate. The last time the stock market saw declines like we’re experiencing, Congress suspended RMDs for one year. Luckily, we “stayed the course” and kept adding to our retirement funds to get us to our target investment point upon retirement.
Source: Washington Post March 16, 2020 10:52 UTC