promotion image of download ymail app
Promoted
Lv 6
asked in Business & FinanceInvesting · 2 months ago

people that are in retirement will have to come out of retirement? why the hell they put their retirement in the stock market?

Update:

when the stock market hits like 8,000 points....what then?

12 Answers

Relevance
  • 2 months ago
    Favorite Answer

    Almost no retiree has 100% of their retirement money in the stock market.  At least I hope not.  Most in retirement will have (at least) 40% in bonds and money markets.  And the vast majority are likely 50 - 70% in fixed income.  

    If the market hits 8k, I wouldn't like it.  But given I'm 50% bonds & money markets I would survive without too much trouble.    

    • Nuff Sed
      Lv 7
      2 months agoReport

      Exactly.  Our brokers mostly took us out of the stock market last year.  So, the market drops 30 percent? We only drop 10 percent. Big deal. It's still more than double what we put in.

    • Commenter avatarLogin to reply the answers
  • 2 months ago

    they put their retirement in the stock market because they did not diversify correctly. At retirement they should not take risk as the one in the stock market because this money they are investing is their only source of income. Helpful?

    Source(s): shorturl.at/ipFNW
    • Commenter avatarLogin to reply the answers
  • 2 months ago

    Not everyone will have to come out of retirement. If you had a good retirement plan in place prior to this pandemic, there should be no reason to go back to work now. And many retirement plans use the stock market to increase the amount of funds in those retirement accounts; a 401K depends almost entirely on the market to grow retirement savings. If you have one, and it is still investing, then you should not be changing anything--these types of accounts go up and down all the time. 

    The market hits highs and lows more often than anyone counts except maybe brokers and those who are heavily invested. 

    • Commenter avatarLogin to reply the answers
  • 2 months ago

    Most people as they get closer to retirement age with gradually make their investment porfolios less risky and move out of equities. Also, anyone who did not feel that the stock market was getting overvalued for no reason last year has no business in buying stocks. 

    • Commenter avatarLogin to reply the answers
  • How do you think about the answers? You can sign in to vote the answer.
  • 2 months ago

    Because the stock market is great! They obviously invested in the wrong sticks or they never had enough money to begin with

    • Commenter avatarLogin to reply the answers
  • 2 months ago

    Just remember, Republicans wanted to out Social Security into the stock market.

  • Mike
    Lv 7
    2 months ago

    Because its better than  the 2%   from  Social security 

    • Commenter avatarLogin to reply the answers
  • Rick B
    Lv 7
    2 months ago

    Actually most people in retirement do not have a large portion in stocks. And, the market will likely fully recover within 6 months.

    • Commenter avatarLogin to reply the answers
  • TayTay
    Lv 5
    2 months ago

    most peoples retirement is a government plan called social security, stock markets are too volatile to trust retirement on

    • Ro
      Lv 7
      2 months agoReport

      Fake news

    • Commenter avatarLogin to reply the answers
  • 2 months ago

    Except it isn't going to do that. 

    • Commenter avatarLogin to reply the answers
Still have questions? Get your answers by asking now.