Investment markets can be affected by countless factors beyond our control, such as political and economic uncertainty.
So during times of volatility, when the value of your investment is fluctuating, it can be worrying and make you panic.
As a result, you might be tempted to:
- Reduce your pension contributions
- Sell or switch your investments
But it’s important not to panic in the face of short-term market movements.
Retirement is a long-term strategy.