US EditionMarket turmoil has many afraid to check retirement savings
- A 66-year-old professor from Huntington Woods, Michigan is hesitant to check his retirement savings, stating, "I hope like hell I don’t lose all my retirement savings."
- Oats Estridge questions where he would find money to cover his expenses, saying, "Where am I supposed to come up with the money to buy?"
- Turner warns that the effects of the market may have lasting impacts, declaring, "I think there’s going to be longer lasting effects that are going to affect every American."
- He emphasizes the urgency of the situation by stating, "You’re not 30, you’re not 40, you’re not 50, you’re not even 60.
19 Articles
19 Articles
Retirees Gripped by Fear as Market Turmoil Threatens Savings
Michael Montgomery used to check the balance on his retirement account once a week and smile. But lately, not wanting to get upset and question if he could retire in a few years, there was only one solution. “I’m not looking,” says the 66-year-old professor from Huntington Woods, Michigan. As the White House simultaneously injects turmoil into financial markets with its trade war and dismisses fears of a downturn, retired and near-retired Americ…
Associated Press News
Market turmoil has many afraid to check retirement savings
As President Donald Trump's trade war has injected turmoil in financial markets, many retired and near-retired Americans are anxiously looking on, worried about outliving their savings or having to put off entries on their bucket lists.
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