1. Don’t panic sell.
2. Maintain an investment mix that keeps enough cash to cover 2 years of a retirement budget.
3. Look at investing in Bonds and Treasuries for higher yields over the next couple of years.
4. Pay down debt, especially credit cards or anything tied to an adjustable rate.
5. Time to re-evaluate and prioritize how you spend your money and get on a budget.
6. Hold off buying real estate or refinancing a mortgage.
7. Evaluate your entitlements such as Social Security and Medicare.
8. Provide security for the future by looking at insurance today.
9. Guarantee a lifetime income or funds for long-term care with annuities.
10. Look to assets as a possible source of income.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!