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Worried About a Stock Market Crash During Retirement? This 1 Move Could Help Ease Your Fears


It's been a volatile year for investors, as stocks plunged into bear market territory in March and then tanked again in early September. And while volatility can be a nightmare for all investors, it can be especially worrisome to retirees -- specifically, those who rely on their 401(k) and IRA investments to generate the income they need to cover their living expenses.

If you're nearing retirement and are concerned that a future stock market crash or series of crashes might cause you financial difficulties as a senior, here's one move worth making: Hold off on claiming your Social Security benefits.

What does delaying your Social Security filing have to do with protecting yourself from a stock market downturn? A lot, actually.

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Source Fool.com


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