One thing workers should dois keep up their contributions to retirement and health savingsaccounts. According to the report, new contributions areparticularly important during a downturn because equities tend tobe “on sale,” meaning they're less expensive than they would be ifthe market were rising.(Photo: Shutterstock)
People close to retirement are watching the current market gyrations with anxiety, lest they end upwith insufficient funds in their retirement accounts to followthrough on a previously planned retirement schedule.
But according to a Marketwatch report, they should be viewing the downturn asan opportunity rather than a disaster.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
