What If The Markets Crash Just As You Begin Retirement?- Season 8: Episode 8
What if you retire at the “wrong” time? There’s a genuine fear among many people that right around the time they need to access their nest egg, their portfolio will suffer a big decline because of an unanticipated market crash.
There’s nothing we can do to predict or prevent a drop in the stock market. And sometimes we have no real choice as to when we can no longer work. So if these two variables are uncontrollable, what can you do besides hope and pray?
It all comes down to having a strategy. Podcast host Johnny Dean talks with “Professor” Rick Plum, CFP® about how you may be able to retire without having to worry about the the ups and downs of the stock market on this week’s episode of Managing Your Financial Future!
Different types of investments and/or investment strategies involve varying levels of risk, and there can be no assurance that any specific investment or investment strategy will be profitable for a client's or prospective client's portfolio, thus, investments may result in a loss of principal. Accordingly, no client or prospective client should assume that the information presented serves as the receipt of, or a substitute for, personalized advice from LCG or from any other investment professional.
You should always seek counsel of the appropriate advisor prior to making any investment decision. All investments are subject to risk including the loss of principal. This material was gathered from sources believed to be reliable, however, its accuracy cannot be guaranteed.
Rick Plum is a registered representative with, and securities and advisory services offered through LPL Financial, a registered investment advisor and member FINRA/SIPC. The investment professionals are affiliated with LPL Financial and are conducting business using the name Lucia Capital Group, a separate entity from LPL Financial.