Growing your retirement savings involves a careful balance of risk and return.
Sometimes choices involving finances and retirement can be difficult. Those choices may become even more difficult during uncertain economic times when the market experiences volatility.
It seems as though everywhere you look, there's a new reason to be concerned about your hard-earned retirement savings. Turn on the television or radio, read a newspaper or simply have lunch with friends - and the conversation can turn to uncertainty in the stock market. Many Americans may be feeling confused and uncertain about the economy, thinking there's nothing they can do. They're also concerned they may end up working longer - and their retirement goals may be delayed. The good news is there are ways to protect retirement savings from market volatility through risk-tolerant insurance options just to name one. If you are over the age of 59 1/2 , and you are concerned about your employer retirement plans options, you may be able to take advantage of these options.
Strategies to Help Protect Your Retirement Income
The following are a couple ways to help protect your retirement income from market volatility:
This booklet addresses ways to help protect retirement savings during market uncertainty. We've created this guide with information and answers to commonly asked questions. Although maintaining financial confidence may not be easy - it is possible.
Download your complimentary guide here.
This information has been provided by a Licensed Financial and Insurance Professional and does not necessarily represent the views of the presenting professional. This information is designed to provide a general overview with regard to the subject matter covered and is not state specific. The authors, publisher and host are not providing legal, accounting or specific advice for your situation. The statements and opinions expressed are those of the author and are subject to change at any time. All information is believed to be from reliable sources; however, presenting professional makes no representation as to its completeness or accuracy. This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice and is not sponsored or endorsed by the Social Security Administration or any government agency.