Ask Paula: The stock market is down - Can I still retire?
Afford Anything
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Are You Ready for Retirement?
When you put it into numbers versus percentages, people think a lot differently. She's talking about a 50 % down turn. Again. I don't think that's going to happen to her, right? But let's make this more realistic, paula, a ten percent down turn could. A 15% down turn could be painful. Even though that level of loss is standard operating procedure for the s am p 500, it's within one standard deviation,. meaning it's going to happening. It does happen, it will happen, it has happened, but it is so painful. So thank you, bella, for asking that question. And congrat on your upcoming retirement. We'll
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