Amid a turbulent week for global stock markets, financial experts are advising retirees and those nearing retirement to remain calm and avoid panic-driven decisions. The market volatility, largely attributed to President Trump's aggressive tariff policies, has led to significant declines in major stock indices, including the Dow dropping nearly 4,000 points over two days. Trump's tariffs include a 145% levy on China, while a 90-day pause has been placed on tariffs for other countries. For retirees, the primary recommendation is to stay invested to benefit from eventual market recovery, while maintaining a diversified portfolio to mitigate risks. Those nearing retirement are encouraged to consider conservative investment strategies, such as a balanced mix of stocks and bonds, to protect their savings. Experts warn of sequence risk, where selling investments during a downturn could deplete retirement savings faster than anticipated. Experts also suggest exploring alternative financial options, like refinancing mortgages or using home equity lines of credit, to avoid liquidating investments at a loss. Younger investors are advised to view the downturn as an opportunity to invest in diversified portfolios for long-term growth. Meanwhile, platforms like Wealthfront have reported a surge in deposits as retail investors take advantage of the market dip, with 401(k) trading activity also spiking.