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How to dodge a market dip that threatens your retirement
Working longer and taking on a part-time job are two of the simple strategies seniors should consider to curb the unfavorable impact of a market correction on their retirement prospects, according to this article on The New York Times . Seniors should also ensure that their portfolio is diversified in low-cost investments, minimize their spending, strategize their stock allocation and consider annuitizing their savings to create a guaranteed income stream. Holding a cash reserve and […]
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