Retirees: Don't Make the Same Mistakes Before a Market Correction

There's no doubt that earlier this year, many retirees I met with were in panic after the government shutdown. Even worse, economists have been warning the country could sink into a full-on recession before too long. With the recent swings in the Dow Jones, S&P 500 and Nasdaq, it's more than enough to cause anxiety to retirees who rely on their portfolios to sustain them once they stop working.

How can someone who's approaching retirement, or is already retired, better handle the next financial crisis?

Although many might say the economy is going through a healthy pullback, there is no doubt that another financial crisis will come at some point. Be sure to