Category: Markets
While the global equity markets enjoyed one of their best years in 2017, 2018 offered a different story, bookended by early- and late-year volatility. The last week in December, for example, saw stocks attempt a rebound from the edge of bear market territory. According to Bloomberg data, it was the first time since May 2010 that the S&P 500 had posted such a large reversal.
Are younger retirees being advised to spend too conservatively?
In many cases, the answer is yes, says S. Katherine Roy, chief retirement strategist and head of individual retirement for J.P. Morgan Asset Management.