Portfolio diversity

Bear markets come with checklists of savvy moves to make for investment portfolios.

Retirees tapping their long-term savings accounts for income in an emergency are advised to strongly consider reducing their withdrawal rates.

Mutual funds and ETFs are often created with lopsided or unequal allocations toward certain sectors of the economy, experts warn.

Interestingly, the measure often used by analysts and planners just happens to be the one that doesn’t reflect how most clients actually invest or withdraw money.

Investment in socially beneficial activities can be worthwhile. But it ignores the question of who decides what is beneficial.

Advisors can protect clients’ estate planning goals post-Secure Act but the vehicle will have to change.

"Since no one has a crystal ball to predict what will happen, I advise saving money on both sides of the tax fence," an expert says.

Failing to pay taxes on side-gig earnings and keeping faulty records of business-related expenses must avoided to prevent an excessive tax burden.

It is important for entrepreneurs to have an exit strategy and to take control of their debt.

Financial planners should at least consider modeling early retirement to prepare clients for the possibility of uncertainty, says Morningstar.