A bear market doesn’t have to derail your retirement if you manage risk and stay disciplined. TommyStockProject/Shutterstock
Despite recent stock-market highs, uncertainty lingers. Geopolitical tensions, high interest rates, and inflation concerns remain. In the past, these have in some way contributed to bear markets that have torn through portfolios.
A bear market is defined as when stock prices drop by at least 20 percent from a recent high. And investors don’t need to look far back to observe the damage it can do.
