Description
With the stock market reacting negatively to President Donald Trump's tariffs, what does it mean for your retirement account?
It depends on where you are in your planning process.
For someone that's early in their life or early in their investing life, you're still going to see volatility. You're going to see periods where the economy booms and periods where we have recessions. That means hang tight, and this too shall pass.
If you're in the mid to late stage of your retirement planning, it's good to regularly revisit your risk tolerance.
MORE: https://www.wthr.com/article/money/whats-the-deal/watching-your-retirement-plan-during-market-volatility-tariffs-stocks-401k/531-65e9bc62-4de6-4948-878e-2fcd3fa91201