It’s a question we get a lot from clients. Everyone has enjoyed the long run upwards in the stock market but now we’ve moved into the stage of worry and pessimism. But it’s not your fault. Headlines always make you fear the worst, and that’s why we’re going to address the elephant in the room and how to be prepared for the worst.
On this episode:
0:36 – We’ve been getting questions about the next market crash for a little while now.
3:17 – Question from Elizabeth: I’m retiring in 6 months and I’m worried about what will happen if we have a market crash before I reach the finish line.
4:03 – When is the next market crash going to happen?
5:14 – A way to take advantage of long-term market returns is to have different buckets of risk.
5:43 – My recommendation on when you should start looking and planning your retirement income.
7:24 – Seems like 8 out of 10 people want to know when the next crash is coming.
8:25 – What history tells us.
9:45 – You have to be prepared for it by structuring your plan correctly.
12:29 – Explaining the different types of risk buckets.
13:53 – We ask people if they understand what investments they’re in and how much risk is involved?
15:41 – A story about an old friend who reacted to the drop in 2018.
18:04 – Recapping everything we’ve talked about.
Get the full show notes and additional resources by clicking here.
Steps to Take if You’re 5 to 10 Years From Retirement
Life Insurance Questions and Our New Location
The Market in Election Years
What Can We Expect in 2024?
Small Business Planning and the Purpose of Money
Putting Your Extra Cash to Work
What You Need to Know About 2024 Open Enrollment
What You Missed at Our Educational Event
Mid-Year Financial Check-Up – Items to Assess
What We’re Paying Attention to This Summer
Talking Finances With My 21-Year-Old Daughter
Bank Failures, Debt Ceiling And The Market
Paying Off Debt and Relocating
Traveling Tips and Picking a Bank
Addressing The Most Pressing Client Retirement Tax Questions From The Past Few Months
What to Know About SECURE Act 2.0
Get to Know Robert Khoury, CEO of Agile Rainmakers
Scenarios for Using Annuities and Life Insurance
Clarification About Inherited IRAs
What Tax Changes Are Coming in 2023?
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