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I'm a wealth advisor. These are my top tips for navigating market uncertainty, including how to manage your retirement savings.


Published on 2025-05-17 10:41:02 - Insider
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  • Taylor Nissi is a senior VP at the wealth management firm Farther. He shared the advice he gives his clients to navigate recent market uncertainty.

In an article on MSN Money, a wealth advisor shares essential tips for navigating market uncertainty, particularly focusing on managing retirement savings. The advisor emphasizes the importance of maintaining a long-term perspective and not reacting hastily to short-term market fluctuations. Key strategies include diversifying investments across different asset classes to mitigate risk, regularly rebalancing the portfolio to align with one's risk tolerance and investment goals, and avoiding the temptation to time the market. For retirement savings, the advisor suggests continuing to contribute to retirement accounts, such as 401(k)s and IRAs, and considering target-date funds which automatically adjust the asset allocation as one approaches retirement. Additionally, the advisor recommends having an emergency fund to cover unexpected expenses without needing to dip into retirement savings, and staying informed about economic trends while consulting with a financial advisor to tailor strategies to individual circumstances.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/i-m-a-wealth-advisor-these-are-my-top-tips-for-navigating-market-uncertainty-including-how-to-manage-your-retirement-savings/ar-AA1EWRVU ]