Economists worry about bear markets due to their regular occurrence in the economic cycle. A bull market is declared after a 20% increase from a new high, while a bear market is triggered by a 20% drop from the most recent high. If you invest for 50 years, you may face around 14 bear markets. Before retiring during a bear market, consider your finances, expenses, income sources, available cash reserves, and willingness to postpone expenses or work longer for financial security. Additionally, learn how to maximize Social Security benefits for a boost in retirement income.

Read more at Nasdaq: 6 Questions You Should Ask Before Retiring During a Bear Market