nytimes.com/2022/07/29/business/investing-retirement-markets.html
We measure the health of the economy as a whole by a few big numbers. But for people working toward retirement, or dreaming of it, the one number that matters most is closer to home: their own retirement savings. The Federal Reserve raised interest rates by three-quarters of a point on Wednesday.

Hundreds of you around the world responded to our queries. Some readers had specific questions, such as when to take Social Security. Others offered a wider view into their personal circumstances and how they were attempting to find equanimity. The volatility in the big-picture numbers is connected, of course, to individual plans.

Michael Lewis had John C. Bogle as his high school commencement speaker. At the time, Bogle’s influential investing advice for everyday Americans didn’t mean much to the teenage Mr. Lewis. ‘I view this as an opportunity to buy cheaper’

The recent market uncertainty has not rattled him the way the 2008 crisis did. He remembers the mistakes he made the last time around, selling mutual funds at a loss. “I view this as an opportunity to buy cheaper, since I’m not retiring anytime soon,” he said.

Mr. Lewis expects his retirement to look different from that of his parents and grandparents. He sees himself working as a consultant through his 70s. “I benefited from starting to have some level of financial literacy,” he said. He regularly discusses investing with his mother.
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