Having a solid retirement plan in place can provide peace of mind and financial security in one’s golden years. In my view, a key component of such a plan is maintaining a cash cushion to avoid having to liquidate investments during market downturns. This approach allows one’s investments to continue growing, even in turbulent times.
It’s essential to note that the opinions expressed in this article are based on personal research and experiences. They should not be considered as personalized financial advice, as each individual’s circumstances are unique. It’s crucial to consult with a licensed financial professional to determine the best course of action for your specific situation.
Past performance is not indicative of future results, and investment decisions should be made after careful consideration of one’s own risk tolerance and goals. The author holds positions in various companies, but this article is not intended to promote or recommend any particular investment. It’s essential to do your own research and consult with a financial expert before making any investment decisions.
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