Download Responding to Market Volatility

Responding to Market Volatility
Knowing how to respond to market volatility begins with understanding the term. Market
volatility is the relative rate at which market prices move up and down over a short period
of time. It is important to make informed decisions as the market periodically fluctuates
between highs and lows. You want to respond in a way that makes sense for your
retirement goals.
Here are some tips to help you better respond to market volatility:
• Review your overall financial plan
• Establish your level of risk tolerance
• Continue your 401(k) contributions without interruption
• Determine your timeline for retirement
• Make sure your portfolio is diversified
• Commit to a long-term retirement savings goal
• Be cautious of chasing market performance
• Develop the appropriate asset allocation strategy for you
• Maintain your asset allocation strategy for the long term
• Rebalance your account regularly
These are just a few tips to help you as you plan for your future.
Contact your Plan Administrator for more information!