Beware of Too Much Risk in your Portfolio

I've heard it said, "Risk is for those trying to get where you are".

If you have it made with retirement assets, if you have enough money to successfully meet your retirement goals, then why not "protect" those assets so they will serve you all your retirement years.

Why put yourself in harm’s way?  Remember 2008?  Many people were ready for retirement but when they lost 50% to the stock market crash, retirement for many was postponed.

Do you believe there will be another financial catastrophe like the one in 2008?

Mark Twain said:“I am more concerned with the return of my money than the return on my money”.

After spending years accumulating retirement assets it can be hard to switch the mindset to distribution.  Many fixate on investment returns when they are really looking for a predictable and safe retirement income.

Stop acting like you need to capture every possible gain in the market.  Protect and insure your hard earned assets.  If you have enough money now, then carve off enough to protect your basic income needs for life without risking it all to another crash.  Doesn’t that make sense?

Warren Buffet said: “Rule #1: Never lose money.  Rule #2: Never forget rule #1.

What you do today can help improve your retirement income tomorrow.

The problem is not dying - it's living.  As long as you are living you and your spouse will need income.

With an annuity, you can run out of money, but you'll never run out of income. 

Have your advisor position your money so you will not suffer the same losses as in 2008.  Also prepare for retirement distributions of your money by using an income summary statement.

Please let me know if you have any questions.

Thanks,

Cory Payne

Beehive Insurance Retirement Planning Services

302 West 5400 South #101

Murray, UT 84107

801-685-6860 Office

801-685-2899 Fax

cpayne@beehiveinsurance.com