Posts Tagged With ‘ stock market ’

Over the last few years, we’ve witnessed widespread financial hardship and market volatility that’s left many retirees questioning the safety of their investments. The current economic climate is uncertain, to say the least. What we’re experiencing today isn’t, or at least shouldn’t be a shock or surprise. Inflation and recession and the rise and fall […] Originally Published on BoomerBuyerGuides.com Continue Reading

The economy expanded smartly in the years before the Great Recession, just as it did before the COVID downturn. But the two recessions were markedly different, with opposite effects on when older workers signed up for Social Security, a new study finds. In 2008, the stock market slid nearly 40 percent. Older Americans with retirement accounts, wanting to recoup their losses, were more likely to keep working or looking for a new job during the protracted downturn. But skyrocketing unemployment pushed many older workers in the other direction. Social Security became an obvious fallback in the Great... Continue Reading