Retirement, investment advice from local financial group

(WIVB) – U.S. stock markets sank in morning trading Monday in a wave of fear that circled the globe after a historic plunge in Chinese stocks.
The Dow Jones industrial average fell more than 1,000 points in early trading and the Standard & Poor’s 500 index slid into correction territory — Wall Street jargon for a drop of 10 percent or more from a recent peak.
Although the major stock indexes pared some of the losses that dented investment accounts by midmorning, many invest