I'm an investor nearing retirement. How should I be thinking right now?

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 1 May 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

The stock market has been a bit of a roller coaster over the past month. For stock investors who don't need their money now, perhaps it’s no big deal. But if you're eyeing retirement in the near term, what questions should you be asking yourself? We'll discuss with Pam Krueger, host of the PBS personal finance show, “MoneyTrack.” Plus: why Starbucks is letting an algorithm decide the order in which drinks get made.

Transcript

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1:01.4	April is the cruelest month wrote T.S. Eliot, almost like he owned the Dow or the NASDAQ.
1:07.8	I'm David Brancaccio in Los Angeles. Welcome to May and here's the math. The S&P 500 stock index with all its highs and lows and the tariffs on, tariffs off April, ended down just 7 tenths of a percent for the month. The NASDAQ was down 8 tenths of a percent in April. The Dow fell 3.1 percent, but that represents some recovery from a headline about a week ago, suggesting maybe the worst April for the Dow since the Great Depression. That was not to be.
1:34.2	But just because a roller coaster comes to rest where it started doesn't mean it wasn't a wild ride. The real-time index of stock market volatility, the VIX, some call it the Fear Index, start of the month
1:45.6	at a lowish 21, hit a crazy 52 ahead of President Trump's tariff turn, and it's now back down.
1:52.2	For stock investors who don't need their money for a while, perhaps no big deal, but if you're
1:56.3	doing the required sign-up for Medicare because you're turning 65, it is seatbelt time. Let's consult Pam Kruger, a registered investment advisor, and founder of WealthRamp, which helps people connect with vetted financial advisors. Welcome.
2:10.6	Thank you. Great to be here. I know. If you have a long time horizon, you can blow off all this market towing and froing. If you did so after the
2:19.8	1987 stock market crash, it was a great bet. And even with the 2008 financial crisis,
	...

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