Baby boomers, heavily invested in stocks, are putting retirement savings at risk: Study
March 20, 2019 at 09:31 AM EDT
Many people approaching retirement age today are heavily invested in stocks, potentially leaving their savings vulnerable to the next recession. "If there was a market downturn, they could lose a significant chunk of what they've worked so hard to save," said Meghan Murphy, the vice president of thought leadership at Fidelity.