Don't Let Your 401k Trick You Into Retiring During a Stock Rally

He the stock market has risen. The chances of a recession soon look thin. And the number of 401(k) millionaires has increased close to a record. It's enough to make anyone at the end of a long (and maybe not so long) career look around and think: Is now the time to retire?

It's a good question, especially after the uncertainty of the Covid era and the market crash in 2022 left a large portion of Americans feeling too financially vulnerable to leave the workforce. Now that stocks have been rising for more than a year, is there reason to ride the boom before a crash? I called financial advisors all over the United States to find out. But before we get to your answers...

Leave a Comment

Comments

No comments yet. Why donโ€™t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *