I want you to consider this… imagine you just began your retirement and you were fortunate to have your assets DOUBLE in value! Would this change your life? Maybe. You might buy a different car or possibly buy your wife a bigger diamond for her wedding band. But, would this be a life-changing event? Probably not. Now, let’s consider this scenario; you enter retirement and the market adjusts downward badly… you experience a 50% LOSS! Would this change your life? YOU BET IT WOULD! Could this happen (remember 2008-2009)? YES! Do you need to position your assets for both preservation and distribution as well as for growth to beat inflation? YES! You need your money to last as long as you do! Unfortunately, I have met a number of individuals that believe the markets will always go up. They have all their retirement assets exposed to the risk of the market. On the other hand, there are those who are so worried about outliving their money that they put it all into fixed instruments like CD’s. These folks are actually going backward because you must take into account taxes and inflation.
There are financial instruments that will allow you to share in the upside of market gains without having you experience ANY of the downside risk. Is this appropriate for all of your retirement assets? It depends. Everyone’s situation is different and you should enlist the assistance of a professional that is NOT a “one- trick pony”.
As we move into retirement there are many risks to consider… inflation risk, longevity risk, market risk, and others. We need to address these when designing a strategic retirement income plan because we can’t afford to have something hit us unexpectedly. Put our S.W.A.N. Technique to work on your behalf and let us help you Sleep Well At Night.