Nov 23, 2022
In this episode, The Annuity Man discussed:
- Are your plans volatile?
- The Safe Money Trifecta
- Managing your volatility
- Can you afford volatility?
Key Takeaways:
- Your retirement plan is volatile if it’s at the whims of the markets and current global circumstances. You can take out the volatility from your plans by introducing contractual guarantees.
- Remember the Safe Money Trifecta: CDs, Treasury Bonds, and Multi-year guaranteed annuities.
- It’s alright to be in the market as long as you keep the proportions in a way where you don’t have to keep actively checking your money or lose sleep at night.
- Be honest with yourself. Do you honestly think you can handle losing everything to volatility? Not just financially or in your daily life, will you be able to handle that emotionally or psychologically? Is your future worth the risk?
"The point is you don't have to follow the crowd. Be a contrarian. Think for yourself, make a decision on chapter two of your life." — Stan The Annuity Man.
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
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