Retirement savers have benefited from the explosive growth of tech stocks for more than a decade. Recently, however, that growth has given way to a selloff.

As fear that AI coding tools can quickly create rival products sets in, software stocks have lost big. Year to date, the Magnificent 7 is down 11% on average. Retirement portfolios, especially 401(k)s and target-date funds, are heavily concentrated in the tech sector.

Still, even tech skeptic and retired financial advisor Bill Bengen says you should invest all of your retirement savings into equities until you’re about five years out from retirement. “Retirees cannot be passive investors completely,” he says. “That’s an easy way to lose a lot of money.”

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Iran rejected a temporary ceasefire proposal, leading President Donald Trump to escalate his threats against the country as his Tuesday evening deadline for the reopening of the Strait of Hormuz approaches. Trump said the entirety of Iran “could be taken out in one night, and that night might be tomorrow night,” as the war has continued for more than five weeks.

MORE: Trump’s threats to attack civilian infrastructure in Iran have raised concerns about the U.S. violating international law. Trump falsely claimed the strikes would not be considered war crimes because of Iran’s actions, but “a violation by one side does not justify a violation on the other side,” Gabor Rona, director of the Law and Armed Conflict Project at Cardozo Law School, told NPR.........

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