Q:
Considering all volatility in the markets, is diversifying your portfolio still a good strategy?
—C.D., 59,
A:
Yes, it is still a good idea to remove what risk you can through diversification. Consider diversifying among these categories: equities and bonds; U.S and international; large and small companies; and value and growth companies. Allocate a small portion to emerging markets, real estate and commodities.
—Paula Taylor
Q:
I am 55 and have been out of work for almost a year. Can I take an emergency withdrawal from my 401(k) to help me meet expenses?
—P.L., 55,
A:
