Do You Think The Stock Market Will Crash During Your Lifetime?
The stock market has always been volatile, going and going down repeatedly. But what are the actual FACTS about stock market crashes?
Since 1929, the stock market has had 13 bear market crashes that have averaged -39.5 [pronounced “negative 39 point 5”] percent in losses.
While 13 crashes since 1929 doesn’t sound like that many, it means historically, the stock market crashes and loses an average of -39.5 percent every 7 years. Why is all this important? 2 reasons:
#1 – You don’t have time to make up a big loss.
#2 – As of July 2019, the stock market has been in the longest bull stock market run in history, for 10 plus years. This means, historically speaking, we are 3 years overdue for the next average -39.5 percent loss.
It also means if you’re between the ages of 55 and 75, you potentially have multiple -39.5 percent losses in your lifetime. For example, a 55-year old couple may go through 5 more of these losses, 60 & 65-year old couples 4 more of these losses, a 70-year old couple 3 more, and a 75 & 80-year old couples 2 more of these losses in their lifetimes.
If you’d like to learn how to protect your assets from large stock market losses that could ruin your retirement, please contact us today.
Peak Financial Freedom Group
916-791-7063
You might also like to learn more about our book Momma’s Secret Recipe for Retirement Success
