We tend not to think about the timing of market cycles when investing for retirement. We are told that, over the long term, the stock market is always up. And so, we trust that our 401ks and IRAs, invested heavily in stocks and bonds, will be large enough by the time we retire to last us thirty or forty years.

But, as we learned from the market crash of 2008, that’s not always the case. Those people most affected by that crash, when it comes to retirement, were those that were closest to retirement age that the time of the crash. Those people between the ages of 51-59 in 2009 lost 25% or more of their retirement accounts, and have not made nearly that much back since.

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