How to Prevent Fear, Uncertainty and Doubt from Derailing Your Retirement Plan

Declining stocks, soaring inflation and interest rates rising to combat high prices are feeding the "FUD" monster-fear, uncertainty, and doubt. Another way to lessen the burden on your investment portfolio is Social Security. Recipients get an 8 percent annual boost to the benefits each ye...

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Bibliographic Details
Published in:Minority business entrepreneur 2022-10, Vol.39 (4), p.36-37
Main Author: Spencer, Barry H
Format: Magazinearticle
Language:English
Subjects:
Compound interest
Interest rates
Retirement
Stocks
Workplace diversity
Online Access:Get full text
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Summary:Declining stocks, soaring inflation and interest rates rising to combat high prices are feeding the "FUD" monster-fear, uncertainty, and doubt. Another way to lessen the burden on your investment portfolio is Social Security. Recipients get an 8 percent annual boost to the benefits each year they delay claiming past full retirement age; the boost stops after age 70.
ISSN:1048-0919