Markets Tumble as Trump's Tariffs Take Effect. 4 Steps Retirees Can Take to Protect Their Investments, and 1 They Should Avoid.

Regardless of your opinion on President Trump's steep tariffs, one thing is indisputable: They've rattled the stock market. The Nasdaq Composite (NASDAQINDEX: ^IXIC) is now in a bear market. The S&P 500 (SNPINDEX: ^GSPC) is in correction.With the markets tumbling as Trump's tariffs take effect, many retirees are understandably anxious. What should they do now? Here are four steps retirees can take to protect their investments -- and one they should avoid.Image source: Getty Images.Continue reading

Apr 8, 2025 - 09:15
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Markets Tumble as Trump's Tariffs Take Effect. 4 Steps Retirees Can Take to Protect Their Investments, and 1 They Should Avoid.

Regardless of your opinion on President Trump's steep tariffs, one thing is indisputable: They've rattled the stock market. The Nasdaq Composite (NASDAQINDEX: ^IXIC) is now in a bear market. The S&P 500 (SNPINDEX: ^GSPC) is in correction.

With the markets tumbling as Trump's tariffs take effect, many retirees are understandably anxious. What should they do now? Here are four steps retirees can take to protect their investments -- and one they should avoid.

Image source: Getty Images.

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