Keeping savings goals on track
The 2009–2021 markets were very good for investors, but volatility – the financial markets’ ups and downs – has increased dramatically in 2022. It’s not uncommon to see pullbacks and volatility after a period of exceptionally strong markets like those experienced since 2009.
Savers and investors cannot control the financial markets or the economy. However, they can take steps to help keep their IL ABLE savings goals on track by considering these three things:
- What they want to save for,
- When they will need the funds, and
- What their level of risk tolerance is.
To help determine these things for yourself, read What Type of Investor Are You?