What to Do in a Bear Market
A checklist of 6 financial planning items and strategies to consider during bear markets.
A checklist of 6 financial planning items and strategies to consider during bear markets.
If you have left an employer or changed jobs over the years, you may have a 401(k) (or several) that you’re not quite sure what to do with. In this post we will review your options and the pros and cons of each. Although the focus of this post is 401(k) accounts, this applies equally to other work-sponsored plans, like 403(b) and 457 accounts.
Market drawdowns are never fun and seem inescapably uncomfortable. However, the shares you buy during market drawdowns, corrections, and/or bear markets are often the best purchases you will make. Here is some perspective on investing amid downturns, with a real-world comparison of two investors.
With several options for your retirement dollars from 401(k)s to IRAs, which should you choose and in what order?