5 Smart Ways to Withdraw From Retirement Accounts In A Down Market

Withdrawing money from your retirement account is no fun when markets are acting badly. The biggest downer? Selling assets at depressed prices. Selling low forces you to burn through more shares to raise the cash that you need. And that means you’ll have fewer assets left in your 401(k) or IRA to grow when the market roars back. Taxes can take an additional bite out of your nest egg, depending on the type of retirement account you’re withdrawing from. You might need cash because you’re retired already, or working but making a big-ticket purchase.

Read more here: https://www.investors.com/etfs-and-funds/personal-finance/retirement-accounts-smart-ways-to-withdraw-from-in-a-down-market/