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At a time when the market's reach into every corner of civic life seems almost unchecked, critics ask, why make politics, too, dependent on stock prices?
Younger workers are now being offered less generous "defined contribution" pension plans into which employers tend to pay less money and which are dependent on stock market returns.
A College Illinois savings plan is not dependent on stock market performance, so there are no worries about a plan lessening in value.
The stock market has had such long pauses before, but they were less important because far fewer people were dependent on stock market returns.
Many of the hesitant investors are like the Kaminskys, Elliott and Charlotte, both age 67, and both dependent on stock market returns for some of their retirement living expenses.
But now, with many more ordinary employees joining high-level executives in having part of their compensation dependent on stock options and bonus plans, a volatile and relatively unpredictable new element has been introduced to the incomes of millions of workers.
Similar(50)
Like many Americans, Mr. Bruggemeyer grew overly dependent on stocks.
But the story was different for the Dow Jones industrial average, which is far more dependent on stocks that are liable to be hurt as higher interest rates slow the economy.
But a look at shifting account balances over the last decade shows that many people have grown overly dependent on stocks, do not contribute enough to retire when they expect to and put too much into a single aggressive mutual fund or their own company's stock, financial planners and plan administrators say.
When a stock grows to be about 15% of the portfolio, Todd starts to sell in order to avoid becoming overly dependent on any one stock.
Like a lot of people who own Nvidia, Glen has to work at keeping his portfolio from becoming overly dependent on just one stock.
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