Volatile Market Threatens Retirement Real Estate
The stock market has been on a volatile patch after plunging nearly 1,600 points at the beginning of February—and, while stable now, consumers and investors are watching closely. With many public pension plans tied to stocks, the incoming retirement community is hoping for a full recovery to recoup losses.
Many public pensions have already reported a loss. The California Public Employees’ Retirement System—the largest public pension fund in the nation—lost $18.5 billion i
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