Get Your Retirement Plan Back on Track

Whether the damage to your savings was self-inflicted or unavoidable, we’ll help you revive your retirement plan.

(Image credit: Illustration by Vanessa Branchi)

Investors engaged in a test of wills with the stock market during the sharp declines in March—a test that some failed. They panicked and sold their stock holdings, only to see the market bounce back. Fortunately, unless you’re close to retirement, you should have plenty of time to recover your losses. “Consider it a lesson learned, reallocate and move on,” says Steven Zakelj, a certified financial planner with Flatirons Wealth Management, in Boulder, Colo.

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Sandra Block
Senior Editor, Kiplinger's Personal Finance

Block joined Kiplinger in June 2012 from USA Today, where she was a reporter and personal finance columnist for more than 15 years. Prior to that, she worked for the Akron Beacon-Journal and Dow Jones Newswires. In 1993, she was a Knight-Bagehot fellow in economics and business journalism at the Columbia University Graduate School of Journalism. She has a BA in communications from Bethany College in Bethany, W.Va.