Does the Iran War Have You Rethinking Your Retirement Strategy? What Experts Say About Your 401(k)

LPL Financial's research on more than 25 geopolitical shocks since 1941 suggests that more whipsaw action is likely. From Pearl Harbor to the Russia-Ukraine war, the S&P 500 averaged a drawdown of about 4.6%, bottomed out within about three weeks, and recovered to pre-event levels in less than six, with plenty of turbulence along the way."Keep your seat belts fastened in case this is a head fake before a reescalation in tensions," wrote José Torres, senior economist at Interactive Brokers, in a Monday analy ...