Is This A Good Time For Retirees Or Would Be Retirees?
With stock markets making new record highs month after month, investors are in a good mood. Naturally, if you ask anyone who is in stock markets and going to retire soon, you probably will get a positive answer. After all, what’s not to like to see your account value gone up so much?
However, if history is any guide, for those we are retiring in or near a stock market peak, it turns out that the time from now on is awful, to say the least.
Retirees or would be retirees who derive income from their investments encounter two problems when markets are near a peak:
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