💸 Money Cheat Sheet: Your Retirement & the Market

This week’s money mood: Retirement on my mind

Last week, we shared a roundup of the top questions we hear on investing in a downturn. But you may have noticed that we didn’t include any Q’s on a certain subset of investing: retirement. That’s because we get so many questions on navigating retirement savings in a bear market that we couldn’t resist the temptation to put them in their own roundup!

Investing is a long-term game, and for most of us, retirement is the longest investing goal we have. So fear not, check out the answers to your FAQs below, and march forth toward old-person-you on a beach with confidence.

Until next week,

Deedi Brown, she/her
Senior Editor

A speech bubble that reads, “What about my retirement money?” Illustration.

Your top Q’s about retirement

Times (and markets) being what they are, you might have some concerns about your retirement savings. So we rounded up our advice to guide you through what to do (and not do) in a bear market.

READ IT >

Have you adjusted your retirement contributions lately?

We asked over on Instagram. Here’s what you said:

BUMPED THEM UP

21%


REDUCED THEM		6%


KEPT THEM THE SAME		65%


PUT ‘EM ON HOLD		7%

An envelope with paper sticking out, and on the paper is a rising line graph. Illustration.

Your dream retirement, sorted (via inbox??)

Our 7-day retirement email course will help you envision — and then build an actionable plan toward — your ideal retirement. No Zoom required!

IT’S FREE FOR MEMBERS >

A woman with a coffee and her phone sits on a stack of coins in front of a line graph. Around her float up and down arrows, dollar bills, and a percentage sign. Illustration.

Whoomp! There it* is (*Another rate hike)

The Fed did it again — and by “it,” we mean “raised interest rates another 0.75%, as predicted.” Here’s what you need to know (and do) about it all.

FED RATES, EXPLAINED >

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Busy this week? Check out our calendar to find upcoming workshop dates and times.

Small $$ win of the week

“I paid cash for a new-to-me BMW. It is an electric vehicle so not only do I not have car payments, I do not have gas expenses either. The car insurance went down too!”

— Jade, an Elle Raiser from Albuquerque, NM

Got a recent money win? Of course you do. Tell us here!

Any links in a (money) storm


•	We’re reminding you while we remind ourselves: Times are wild, automate your bills.
•	New research finds that 58% of people who don’t work with a financial planner feel anxious about money. (If that’s you, we know some great financial planners you could call. 😉)
•	Inflation’s up, interest rates are up, pay raises are (mostly) down. That means — shocker! — the pink tax is also hitting a lot harder than usual. Some good tips in this Shondaland article about it.
•	So are we heading into a recession, or what? Turns out experts are still split — and this DealBook breakdown is a great explainer on all the latest factors currently in play.
•	If you’re looking for ways to defend your budget against inflation, you could definitely do worse than this budget cooking TikTok series. 🍜

The best time to start investing for retirement is yesterday. (Today is good, too.)

START NOW

This week’s newsletter was brought to you while celebrating maternity-friendly costumes in Hollywood. Forward it to your friends who would prefer to be in Middle Earth rn.

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All opinions and views expressed by Ellevest are current as of the date of this writing, for informational purposes only, and do not constitute or imply an endorsement of any third party’s products or services.

The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice.

The information provided does not take into account the specific objectives, financial situation, or particular needs of any specific person.

Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time.

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Ellevest Membership fees are as follows: Ellevest Essential is $1 per month, Ellevest Plus is $5 per month, and Ellevest Executive is $9. Other fees as described in Ellevest’s Wrap Fee Program Brochure and the Ellevest Membership Terms and Conditions Agreement will continue to apply.

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💸 Money Cheat Sheet: Your Retirement & the Market

This week’s money mood: Retirement on my mind

Your top Q’s about retirement

Have you adjusted your retirement contributions lately?

Your dream retirement, sorted (via inbox??)

Whoomp! There it* is (*Another rate hike)

Upcoming live events 📅

Small $$ win of the week

Any links in a (money) storm

The best time to start investing for retirement is yesterday. (Today is good, too.)

This week’s newsletter was brought to you while celebrating maternity-friendly costumes in Hollywood. Forward it to your friends who would prefer to be in Middle Earth rn.

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