I need regular withdrawals from my IRA to supplement my social security living expenses. How can I safeguard my IRA funds from the predicted market drop.

Terry Says:  The only way to completely safeguard your investments from a stock market decline is to be completely out of the market!  I’m being serious here.  You could change your investments into a money market deposit account with a click of your mouse or one phone call to your IRA custodian.)  This will limit the upside growth of your funds, but completely protect you on the downside.  And it will let you sleep at night.

Now, I don’t know your age or total financial situation.  Usually, I recommend that retirees have some exposure to stocks so that the withdrawals could potentially be replenished by future gains in stocks.  But I do recognize that when funds are limited, and immediately needed, it is wise to have “chicken money” investments — money in CDs, or Money Market Funds, or Treasury bills –where you are not subject to any devastating losses.