Rumors about the stock market being due for a correction appear to be coming true. Last Friday, we saw a swift decline and the “geeks” out there have been glued to their screens ever since. As inflation continues to rise and the stock market falls, we must find middle ground. How do we reckon the change without stimulus checks on the horizon? We can start by asking three things: 1) your risk tolerance; 2) how far you are from retirement; and 3) if you’re already retired, what accounts you should draw from.
These are wild times, and we’re going along for the ride!