Many investors, seeing disappointing returns for retirement accounts, are turning to their financial advisers after 2022's downturn in stock and bond markets and asking, "What now?"
As contrary as it may sound to some, the answer in a nutshell is to stay the course or make small adjustments. We turned to Thrivent Financial's Dave Kloster, who helps oversee 2,300 financial advisers; and John Foster, senior adviser and investment strategist at JNBA Financial Advisors, to get more information. Here are their responses, edited for space and clarity.
Q: What advice would you give to middle-class folks concerned about retirement?
