As you are well aware by now, the stock market has had some volatility these past weeks. While these shifts can increase anxiety, here at Voya we know a few things for sure. No one can predict what the market will do and when.
Understanding the basics of investing is important, especially during market volatility. It's important to understand your strategy and remember that investing is for the long run. Read more on understanding the basics of investing and why sticking to your plan is important.
The amount of money you spend in retirement is a crucial factor in determining the type of lifestyle you will live. But it's also important for ensuring you don't run out of money.
As the markets change, the value of each security in your portfolio will increase or decrease at a different rate of return; changing the overall weightings of your investments. Periodic reviews of your investment portfolio help keep your retirement strategy on track.