Dianne Lynch, CFP, ChFC, APMA, AWMA, CRPS, CRPC

If you are expecting a baby, or have recently adopted one into your family, you have likely begun making big plans for the future.

As an investor, it can be difficult to navigate the ups and downs of the market and understand what the movements mean for your portfolio— particularly when you’re seeing constant headlines on the topic.

Recent headlines have been dominated by economic policy and market fluctuations, sending shockwaves through the stock market. Whether you’re decades from retirement, approaching it in the near term, or already drawing down your portfolio, now is a good time to revisit your plan—and remind yourself what you can control when the markets feel unpredictable.

Two emotions are common for those who are nearing retirement—excitement and fear. Leaving the working world behind can feel empowering; however, apprehension about entering a new life stage may also creep in. If you’re nearing retirement, you’ve likely taken steps to prepare financially for the future.

No one likes to watch their investments lose money, but downward market volatility can feel particularly scary for people who plan to retire in the near future. Their anxiety is understandable. They’ve spent their careers building their nest eggs and now—at a time when they plan to give up their income-producing jobs—they face the prospect of living off less money than they had envisioned.

Financial advisors are committed to helping individuals and families set and reach their financial goals. Here are some specific ways you can benefit from this professional relationship.