fbpx

Don’t Let Market Volatility Ruin Your Retirement

Now that you’re nearing retirement, the term “market volatility” might stir up different feelings than it 30 years ago. Older workers and retirees understand that they have less time to make up for losses in their investments and to ride out future market crashes than they did when they were younger. And with life expectancies increasing, leaving your financial wellbeing up to the whims of the market seems like less and less of a good idea. We know that there will always be crashes, even if no one knows exactly when they will come, so why not develop a plan ahead of time?

After a crash, people may be tempted to sell their stocks if they panic, or need immediate funds. But in doing so, they ensure that they won’t see the stock appreciate when the market recovers. In order to keep this panic at bay, you can think of creating your portfolio around the idea of retirement income.

Creating reliable retirement income can be a good retirement strategy for high-income earners. The first step would be to create guaranteed retirement income with “safe” investments. The value of bonds and savings account are not seriously affected by the ups and downs of the market, and reliable paychecks include Social Security, annuities, and bond ladders. Certain annuities will also protect against outliving your retirement savings.

After covering your basic needs with safe investments, you can look to grow the rest of your savings more aggressively. You can think of the funds generated as “retirement bonuses.” These “bonuses” can be used for non-necessities like travel, spending of grandchildren, and the activities you want to enjoy with your free time in retirement. You can develop a withdrawal plan based on market performance, meaning decreased withdrawal amounts when the market drops, and increased amounts when it experiences gains.

It’s also important to create an emergency fund for events like unexpected medical expenses and home and car repairs. This fund will be separate from your first two funds, so if there is an emergency you will not have to disrupt the overall structure of your retirement plan by dripping into them.

The term “market volatility” probably doesn’t create good feelings if you’re nearing retirement or already retired. Developing a plan for periods of market volatility before they happen can help you weather storms.

You don’t know when the next crash is, but you can plan for it. Click here to schedule your complimentary review today, and let the professionals at Peak Financial Freedom Group help you create reliable retirement income, sources of growth, and an emergency fund for a rainy day.

Leave a Reply

Your email address will not be published.

Peak Financial Freedom Group
2520 Douglas Boulevard, Suite 110
Roseville, CA 95661

DISCLOSURE:

All of the information presented here is provided and intended to be used for general educational and informational purposes only
and is not intended as a solicitation for you to buy or sell any financial product. None of the information presented is intended to give
you specific tax, investment, real estate, legal, estate, or financial advice but rather to serve as an educational platform to deliver
information. The ideas, thoughts, and strategies presented here are those of the Management Team and provide an insight to our
views on Peak Financial Freedom Group, LLC. Every detail in this website is subject to change without notice. Seminar, radio
shows, TV productions, book releases, magazine and book promotions are sponsored, promoted and paid for by Peak Financial
Freedom Group, LLC.


2nd Opinion Package available to Qualified Retirees and Soon-To-Be-Retirees may include free consultations, a free retirement
income plan, risk analysis, and fee analysis. In addition, a comprehensive written retirement income plan may be provided to
those who complete the entire process. Qualified Retirees and Soon-To-Be-Retirees must have a minimum of $500,000 of
investible assets such as IRA’s, 401K’s from past employers, stocks, bonds, mutual funds, bank accounts, money markets, CD’s,
etc., but DOES NOT include real estate, businesses, limited partnerships, 401K/retirement plans that can’t be moved to another
plan, and other illiquid type assets.


All investments involve risk, can involve the loss of principal, and unless otherwise stated, are not guaranteed. Past performance is
no indication of future performance and such information cannot be relied upon regarding future potential gains. Nothing is directly
or indirectly guaranteed by this information. The planning and ideas presented herein are not suitable for all individuals or situations.
Hypothetical examples are used to explain concepts and are not indicative of potential results you could receive; past performance
is not a guarantee of future results; and results are not indicative of any particular investment or income tax situation; your results
will be different and could be lower or higher. Consult your financial professional before making any investment decision.
Insurance product features and benefits, such as guaranteed lifetime income riders, are subject to contract terms, limitations, fees,
and the claims paying ability of the insurance company issuing the contract. The sale or liquidation of any stock, bond, IRA,
certificate of deposit, mutual fund, annuity, or other asset to fund the purchase of any other asset including an annuity may have
tax consequences, early withdrawal penalties, or other costs and penalties as a result of the sale or liquidation. Different assets
can be complex and carry fees, costs, and surrender charges. If you place assets under management with Fiduciary Solutions
LLC, we are paid an advisory fee from Fiduciary Solutions LLC and if you purchase an annuity through us, we are paid
commissions from an insurance company.


2019(1), 2020(2), and 2021(3) Five Star Professional Wealth Manager Award - Dan Ahmad and Jim Files have been nominated for
and have won the 2019, 2020, and 2021 Five Star Wealth Manager Awards. Wealth managers do not pay a fee to be considered or
placed on the final list of Five Star Wealth Managers. Once awarded, wealth managers may purchase additional profile ad space or
promotional products. Award does not evaluate quality of services provided to clients. The Five Star award is not indicative of the
wealth manager’s future performance. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be
construed as an endorsement of the wealth manager by Five Star Professional or this publication. Working with a Five Star Wealth
Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected
wealth managers will be awarded this accomplishment by Five Star Professional in the future. Award winners represent an exclusive
group of wealth managers who have demonstrated excellence in their field by satisfying 10 objective selection criteria. For additional
information on the Five Star award, including a complete list of the 10 objective selection criteria and their research/selection
methodology, go to https://fivestarprofessional.com.


Investment advisory services are offered through Fiduciary Solutions, LLC, a California Registered Investment Advisor. Insurance
products and services are offered through PFFG Insurance Agency LLC, a licensed insurance agency (CA Insurance License
#0N14013). Peak Financial Freedom Group LLC is a financial planning and umbrella marketing organization, which enables the
provision of multiple financial services under one brand. Peak Financial Freedom Group LLC, PFFG Insurance Agency LLC, and
Fiduciary Solutions LLC are affiliated entities with common ownership and control. Jim Files is licensed as an investment adviser
representative with Fiduciary Solutions LLC (CRD # 1620449) and is a licensed insurance producer with PFFG Insurance Agency
LLC (CA Insurance License #0F06511). Dan Ahmad is licensed as an investment adviser representative with Fiduciary Solutions
LLC (CRD # 1491561) and is a licensed insurance producer with PFFG Insurance Agency LLC (CA Insurance License #0732913).

© 2020 Peak Financial Freedom Group