We may be about to ๐๐ถ๐๐ป๐ฒ๐๐ ๐ต๐ถ๐๐๐ผ๐ฟ๐, folks. And not the good kind. ๐Currently, our country is facing the impacts of the largest group of people retiring with the boomer generationยน. We believe that this couldnโt come at a more inopportune time, as ๐ป๐ผ๐๐ต๐ถ๐ป๐ด ๐๐ถ๐๐ต ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฒ๐ฒ๐บ๐ ๐๐ผ ๐ฏ๐ฒ ๐๐ผ๐ฟ๐ธ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ฎ๐ ๐ถ๐โ๐ ๐๐๐ฝ๐ฝ๐ผ๐๐ฒ๐ฑ ๐๐ผ. ๐
This has left many soon-to-be and current retirees who ๐บ๐ฎ๐ ๐ป๐ผ๐ ๐ณ๐๐น๐น๐ ๐๐ป๐ฑ๐ฒ๐ฟ๐๐๐ฎ๐ป๐ฑ ๐๐ต๐ฒ ๐น๐ฒ๐๐ฒ๐น๐ ๐ผ๐ณ ๐ฟ๐ถ๐๐ธ in their portfolios in a rather vulnerable position.
2022 saw stock and bond markets ๐ฏ๐ผ๐๐ต ๐ฑ๐ผ๐๐ปยฒ whereas they typically have an inverse effect on one anotherยณ. We believe situations like this can make the popular 60-40 rule obsolete and detrimental. ๐
Instead of hyper-focusing on one style of money management, seek whatโs in the ๐ฏ๐ฒ๐๐ ๐ถ๐ป๐๐ฒ๐ฟ๐ฒ๐๐ ๐ผ๐ณ ๐๐ผ๐๐ฟ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฝ๐ผ๐ฟ๐๐ณ๐ผ๐น๐ถ๐ผ and your retirement aspirations.
Donโt allow a market downturn to ๐ต๐ถ๐ป๐ฑ๐ฒ๐ฟ ๐๐ผ๐๐ฟ ๐น๐ถ๐ณ๐ฒ๐๐๐๐น๐ฒ ๐ด๐ผ๐ฎ๐น๐ ๐ฎ๐ป๐ฑ ๐ฑ๐ฟ๐ฒ๐ฎ๐บ๐. ๐
We donโt want you to sacrifice and survive in retirement. We want you to ๐๐๐๐๐๐!
๐ง๐๐ ๐๐ฆ๐ง๐๐ ๐ฃ๐ฆ
00:00 Introductions
00:53 Making history
03:28 Different style of money management
10:20 The risk in your portfolio should be aligned with your tolerance
13:23 The dangers of not being aligned with your financial advisor
19:20 Donโt let bad things snowball
22:43 Go-go, slow-go, and no-go years
24:20 Donโt be victim. Act!
๐๐ฎ๐๐ฒ ๐๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐พ๐๐ฒ๐๐๐ถ๐ผ๐ป๐ you would like to address with Ben or the Thrive team directly? Book a complimentary phone call ๐ here ๐
https://thrivewealthgroup.com/appt
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If you enjoyed this content, please ๐๐๐๐๐๐๐๐๐, ๐ฅ๐ข๐ค๐, ๐จ๐ซ ๐ฌ๐ก๐๐ซ๐!
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โญ ๐
๐๐๐ ๐๐ ๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐โญ
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ยน https://www.j2t-recruiting.com/post/the-impact-of-baby-boomers-retiring#:~:text=Baby%20Boomers%2C%20born%20between%201946,job%20market%20have%20already%20begun
ยฒ https://www.nerdwallet.com/article/investing/why-stocks-and-bonds-are-falling-together
ยณ https://www.ig.com/en/trading-strategies/what_s-the-relationship-between-stocks-and-bonds--210702#:~:text=Higher%20bond%20yields%20can%20lead%20to%20lower%20share%20prices&text=Naturally%2C%20as%20more%20investors%20sell,to%20move%20in%20opposite%20directions.
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#makinghistory
#marketvolatility
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#riskmitigtation
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