Managing Market Volatility in Retirement
Planning for retirement involves navigating through various financial risks, and being aware of these threats is the first step toward a secure future. There are three main risks that can jeopardize your financial well-being:
Longevity Risk: The risk of outliving your savings.
Inflation Risk: The risk of the cost of living being higher than anticipated.
Market Risk: The unpredictable volatility that can decrease your portfolio's value, including the subset known as Sequence of Returns Risk, which can be particularly damaging around your retirement date.
A solid investment strategy can help you plan for longevity and inflation risk – but market risk is perhaps the most unpredictable and harmful to your financial wellbeing. This is especially true at or around your retirement date. That’s where a Cash Wedge Strategy can help.
What is the Cash Wedge Strategy?
The Cash Wedge Strategy aims to provide stability to your retirement income during market volatility. By allocating a portion of your portfolio to cash, you can meet your immediate income needs while diversifying the rest of your investments to benefit from market participation.
Don't let market uncertainties dictate your retirement plans. Book an introductory call with Jen today to explore how the Cash Wedge Strategy can work for you. Take control of your financial future and enjoy a worry-free retirement!
To a secure tomorrow,
Jen at Thaker Financial
Reference: https://www.sunlifeglobalinvestments.com/content/dam/sunlife/regional/canada/documents/slgi/810-4986-10-20-cashwedge.pdf
Disclaimer:
The information provided in this blog post is for general informational purposes only and should not be considered as professional financial advice. The content of this blog post may not be suitable for every individual's financial situation or goals. It is important to consult with a qualified financial professional or advisor, like Jen at Thaker Financial, before making any financial decisions or investments.
While the author strives to provide accurate and up-to-date information, she cannot guarantee the completeness or accuracy of the content. Financial markets and regulations are constantly evolving, and readers should independently verify any information presented here and consider it in conjunction with their own research and analysis.
The author and Thaker Financial shall not be held responsible for any losses, damages, or liabilities that may arise from the use or reliance on the information provided in this blog post. Readers are solely responsible for their own financial decisions and should exercise caution and due diligence before taking any actions based on the content presented here.
By reading this blog post, you acknowledge and agree that the author and Thaker Financial are not liable for any consequences, financial or otherwise, that may occur as a result of your interpretation or use of the information provided.
