Welcome to Retirement Scan, our daily roundup of retirement news.
Mistakes retirees should avoid before a market correction
Retirees should avoid the mistake of trying to time the market, according to this Kiplinger article. And if they fear a sharp downturn, seniors may want to avoid locking up their retirement accounts in long-term bonds. They shouldn’t hoard cash, the article says, and they should consider diversifying with the “right” annuity.
