Approaching Retirement During “The Perfect Storm” – Episode 16

The market is down. Inflation is up. Rising interest rates. Potential tax increases.

Many people are calling this “the perfect storm.” And in many ways, they’re right. We haven’t seen a lot of these circumstances for over a decade, and it’s rather interesting to see them all at once. So the big question is, “How do we respond?”

In today’s episode, after answering a question about social security and pensions, Phil and Kendall are taking a deep dive into the market we’re all navigating and sharing some suggestions, questions they’re hearing clients asking, big mistakes people are making right now, and more.

As always, thank you so much for watching and listening!



Key Takeaways:

1) Do you have a robust plan? We don’t have to fear inflation, a down market, rising interest rates, or anything else if we plan for it. Take the time (and we’re happy to help!) to help make sure that your plan takes these circumstances into consideration so they don’t add unnecessary stress to your life.

2) “It’s not timing of the market, it’s time in the market.” Want to know one of the biggest things a lot of people get wrong about investing overall? This right here. When we let our emotions lead us in our investing strategy, we do the exact opposite of what we’re supposed to do. Don’t try to time the market. Trust that time in the market will bring you a return.

3) If you’re struggling to see losses in your portfolio value, you may have too much risk in your investment strategy. If you’ve got a good amount of time before you reach retirement, you don’t need to worry about losses in your investments. That’s part of the journey.

Connect with Us

Thank you so much for listening to this episode of Your Retirement Blueprint! If you’ve enjoyed this episode, we’d love it if you checked us out so you don’t miss a future episode of the show.

Subscribe on YouTube

Listen on Apple Podcasts

Listen on Spotify

Subscribe via Email

The show is also available on all other major podcast platforms and new episodes will be listed right here on our website!

Insurance products are offered through the insurance business 210 Financial.210 Financial  is also an Investment Advisory practice that offers products and services through AE Wealth Management, LLC (AEWM), a Registered Investment Adviser. AEWM does not offer insurance products. The insurance products offered by 210 Financial are not subject to Investment Advisor requirements. AEWM and 210 Financial  are not affiliated companies.

All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Any references to guarantees or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.  1526352 – 10/22

Ready to Take The Next Step?

For more information about our comprehensive financial planning process, schedule a meeting or register to attend an event.

Or give us a call at 309.263.1333