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Your Retired Clients Need Not Be Stunned by the Market Downturn

By Shelley Giordano on May 6, 2020 11:56:22 AM

The rapidity is which the economy toppled due to the pandemic was startling, to say the least. Coming off a record 11-year bull market, many retirees may have been lulled into thinking that their retirement accounts would continue to increase indefinitely. Suddenly faced with a portfolio drastically reduced in value, retirees scrambled to find a substitute for selling invested funds at a loss.

Topics: Financial Planning Retirement Reverse Mortgages

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