Should You Move Your Retirement Fund From the Stock Market to a CD? Here's What Experts Say

A smart investing strategy balances risk and reward. LordHenriVoton/Getty Images Yes, the stock market has recovered from last month's freefall, but plenty of investors are still shaken. Watching your portfolio plummet overnight is scary for anyone, but if most of your retirement fund is in stocks, it can be especially terrifying. With the economy still far from settled, should you consider pulling your retirement savings from the stock market and putting them into lower-risk assets like certificates of deposit? That depends, experts say. "CDs can feel like a safe haven in this kind of environment because they offer predictability, which is appealing when everything else feels shaky," says Taylor Kovar, certified financial planner and CEO of 11 Financial. But, he warns, "there are some trade-offs." Here's what you need to know before you make any drastic decisions. Read more: The Simple $1 Trick Helped Me Pay Off Debt and Retire on My Terms. Here's How It Works Is retirement a lo ... Read full article.