While retirement might bring about visions of life slowing down and getting far less complicated, both time and the experiences of past generations of retirees indicate that the only predictable thing about life is that it is often unpredictable. 

No investment plan is totally safe from an economic crisis. And while the numbers on your current plan may be working out in terms of income vs. expenses, unforeseen events ranging from personal (such as an unexpected health crisis) to general (such as a stock market crash or rising cost of living rates) can put your plan into jeopardy at a time in life where it is more difficult to recover financially. The upcoming presidential election brings even more uncertainty for the immediate future as the winning party will have a large say on what will happen with sun-setting tax breaks and the funding of Social Security and Medicare. 

No one can predict what will happen with certainty, but there are steps that can be taken to help protect your personal finances against the unknown. Annuities can be used to help provide steady income with minimal risk tied to markets. Similarly, if you don’t need immediately available funds and want to continue to grow savings, a look at the risk level of your investments could be beneficial to potential continued growth while helping to protect against volatility in the markets.

Please contact Consha Financial at 678-539-9518 and we can show you more tips and advice on ways to keep your retirement planning and finances steady, even when the rest of the world can seem unpredictable. 

Investment advisory products and services made available through Impact Partnership Wealth, LLC (IPW), a Registered Investment Adviser. Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions. Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions. Investing involves risk, including the potential loss of principal. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier. 

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Investing involves risk including the potential loss of principal. Any references to [protection benefits, safety, security, lifetime income, etc.] generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.

Insurance products are offered through the insurance business Consha Financial. Consha Financial is also an Investment Advisory practice that offers products and services through Impact Partnership Wealth, LLC (IPW), a Registered Investment Adviser. IPW does not offer insurance products. The insurance products offered by Consha Financial are not subject to Investment Advisor requirements.

This blog is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.