Thinking of Moving Your Retirement Savings From the Stock Market to a CD? Read This First

Don't let temporary market dips upset your investment strategy. LordHenriVoton/Getty Images The stock market has always had its ups and downs, but last month's plummet was enough to spook any investor. While the market has recovered, many people are still shaken from seeing their portfolios decimated overnight -- especially if a chunk of their retirement fund is in stocks. And with the economy still shaky, some are wondering if they should move their nest egg into lower-risk assets like certificates of deposit. Not so fast, 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 moves. Read more: The Simple $1 Trick Helped Me Pay Off Debt and Retire on My Terms. Here's How It Works Is retirement a long way ... Read full article.