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HOW MODEST SPENDING CUTS CAN TAKE THE STING OUT OF DOWN MARKETS FOR RETIREES

By Gail MarksJarvis for Barron’s.

Worried about the impact of recent market declines on your retirement? Working with an advisor can help you stay on track and rebound faster. Mari spoke with columnist Gail MarksJarvis of Barron’s on how small investment and spending changes can get you through these uncertain times with flying colors. If you don’t need to withdraw the money, said Mari, take advantage of the coronavirus relief act’s provision that allows those 72 or older to forgo their RMDs so portfolios can more fully heal from the recent tumult.  (Read the full article here)

09 May, 20