With volatility and inflation both on the rise amid geopolitical tensions that are pressuring global markets, Meagan Phelps has recommendations for those close to retirement to get the most out of their savings. Phelps says her clients are feeling the uncertainty but aren't panicking. What's important she adds is having a plan in order to be proactive and less reactive to volatile market environments. Phelps recommends investors focus on maintaining a diversified portfolio and understand their individual risk level.