The 2008 financial crisis caught retiring Americans off guard. This catastrophic financial event wiped out big chunks of America’s retirement savings and affected the economy long after the stock market recovered.
Now, retirees are faced with a double whammy. A rising health concern from the CoronaVirus, COVID-19, coupled with the Dow Jones industrial average falling into a bear market.
A bear market begins when stocks have fallen 20 percent from their high. Though it’s a somewhat arbitrary threshold, in financial markets the designation acknowledges what many investors are surely feeling — and that is, fear-based trading in the stock market may not end soon.
In this presentation you will learn:
As you get closer to retirement, it's important to start planning your retirement income strategy or you may need a refined or updated income plan that helps you achieve your specific retirement goals. If you would like assistance with exploring options (potentially outside of your 401(k) plan), assessing your current strategy, and taking steps to meet your goals, you need to make sure you have a trusted advisor or agent to help you.
A great agent will walk you through the entire process. Our agents have helped hundreds of individuals move their retirement savings into the safety and security of life insurance backed products and fixed annuities.
Contact us today if you are recently retired or have stopped contributing to your retirement savings account. We can show you your options to ensure that your retirement is as hassle-free and predictable as possible. Log onto JenniferLangFinancialServices.com and simply request a free no obligation phone consultation. We’ll be happy to help you.
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