When I watched Jerome Powell speak during the Fed’s May meeting, one clear message was that the likelihood of higher prices and higher unemployment have risen — aka stagflation. Add that to the fact that the S&P 500 fell almost 20% from its 2025 highs in a two-month period.
If you are planning to retire this year, it’s understandable if you’re scared. It’s understandable to want to punt. But it may not be necessary.
