IS NOW THE RIGHT TIME TO JUMP INTO THE STOCK MARKET?

Though millennials are less likely to invest than any other age group under 65, Wolpert advises investing only if you have a rainy-day fund set up in a high-interest savings account that has enough to cover your personal expenses for three months and if you’ve paid off any credit-card debt. And don’t worry— you haven’t missed your chance to buy low. “If you’re a long-term investor, it’s not going to be the only time that you see a downturn like this,” says Wolpert.