Markets and indexes

“Traditionally, 401(k)s generally have some really good investment options that you wouldn’t be able to do on your own,” an expert says.

Retirees will end up locking in substantial losses if they decide to cash out their investments during a bear market to generate income.

Sales people are having a hard time marketing new products in isolation, one executive says.

By extending their working years, seniors can see an increase in their Social Security payouts.

Seniors should focus on what they can control — such as their reaction to market volatility and their long-term savings.

In some cases, workers who have received severance pay have the option of investing the money for retirement and other long-term goals.

The world’s 500 richest people have lost almost $1.3 trillion since the start of the year.

“[By extending the tax deadline], they automatically extended the deadline to make an IRA contribution last year,” an expert says.

Market plunges are normal and stocks are likely to recover and earn a positive return over the long term, says an expert.

Clients are advised to keep some of their savings in cash and focus on their long-term prospects.