If you are planning to retire, or nearing retirement, then this video is for you. The S&P500 went down 37% in 2008 and it’s been up 5 years straight. Ironically (and scary), this same trend happened from 2003-2007 before having another huge meltdown. Have you ever noticed Is there risk inherent in that scenario? Even if the same cycle doesn’t appear (which it most certainly will NOT), it is inevitable that we will have another recession at some point. Everything goes in cycles, including recessions, and I hate to give you bad news, but we are due for a correction more than we are for a bull market…
Knowing that, doesn’t it make sense to insure part of your retirement income money instead of having it at risk of another inevitable recession?
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