Financial experts seem to be in agreement that we are now in a bear market, but will that bad news shake investors’ traditional buy-and-hold strategy with 401(k)s – particularly older investors?

A bear market is particularly bad for Baby Boomers approaching or in retirement, especially if this turns out to be an extended economic downturn. Boomers are afraid of bears, writes Gail Marksjarvis of the Chicago Tribune.

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