5 Frequently Asked Questions About RMDs & IRAs, Answered
You’ve set aside money all of these years, hoping to have a fluffy nest for retirement. You’ve...
1 min read
Do you ever feel like you get whiplash when you watch the stock market? Me, too.
Over the last month or so, from August 17th to September 14th, the S&P 500 lost 7% of its value. But what happened during that month could only be described as financial whiplash.
From August 17th to August 25th, the S&P 500 lost over 11% of its value.
Over the next two days, from August 25th to August 27th, it rose 6%.
Then, over the next five days, it dropped another 4%. My neck hurts just thinking about it.
Now, if you have 25 years to go before you retire, you probably don't care too much. But if you're in, or near, retirement, you care a lot more!
Those kinds of wild swings can wreak havoc on your retirement savings and leave you suffering from a case of financial whiplash.
But that doesn't have to be the case. Fortunately, there are ways to avoid financial whiplash. I've built my career around helping folks do just that. Give me a call and set-up a free consultation.