Survive the Next Market Crash with this Simple Strategy
Nicky Derouen
President of Marketing and Business Development at Universal Producers Group
The market took a step dive today, and many people felt devastated as the numbers continued to slip.
On average, bull markets (going up) last longer than bear markets (going down). As you can see, we are approximately 120 months into a bull market. Therefore we might conclude that the market is long overdue for a correction after our current extended bull market.
It’s no secret that many retirees have funds tied into stocks, bond funds, and mutual funds that go up and down in value as the markets move.
The questions you have to ask yourself are:
- Did I lose any necessary retirement funds?
- Does my retirement strategy allow for corrections in the market?
- Do I have fees that I may have paid to trade or move my investments? If so, how much?
The real issue is whether you have a retirement strategy that fits your tolerance for risk. Remember not to gamble with funds you can’t afford to lose.
And if you lose it, can you truly get it back in time?
So, is there a way to take advantage of market upside without the downside?
The answer is yes!
- With a Fixed Index annuity, you can insulate your money from any potential losses in the market while still seeing growth in years that the linked market index is prosperous.
- With a Fixed Rate annuity, you can lock in gains as high as 7% for the first year and 4.75% each year after while the market has time to bounce back.
Call our office anytime for a free financial review at 337-339-2222.