The financial crisis of 2008 most likely taught members one hard lesson – no one wants to lose their money like that ever again.

This feeling may have been especially true for retirees or those close to retirement, said Philip Rousseaux, founder and president of Everest Wealth Management Inc., a retirement service firm in Towson, Md.

“Losing nearly everything you’ve worked for throughout your entire adult life is right up there with being diagnosed with a major medical condition; it means the lifeblood of your future has been drained,” Rousseaux noted.

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