CHICAGO | Volatile stock market spooking some older workers, retirees

19Nov - by Editor - 0 - In STL.News



CHICAGO — The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group that was hit particularly hard during the most recent financial crisis.

There’s no indication, though, that the recent volatility has brought about large-scale overhauls in retirement planning.

“There’s a lot of fear that if you have another event like 2008 and you retire the year before or the year after, you’re screwed.

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