Market Volatility? Stay in Your Stance
When the market gets choppy, the worst thing you can do is change your swing mid-round.
The Weather Changes, Your Fundamentals Don't
I've seen countless golfers fall apart because they let weather conditions mess with their head. Same thing happens to investors when markets get volatile.
Here's what I tell my clients:
1. Trust Your Game Plan You didn't develop your retirement strategy in a vacuum. It accounted for ups and downs. Stick to it.
2. Annuities as Your Umbrella Just like you bring rain gear to the course, annuities protect you when conditions deteriorate. Guaranteed income doesn't care if the market is up or down.
3. Don't Chase the Leader Board Your neighbor might be bragging about his investment returns, but you don't know his risk exposure. Play your own game.
4. This Too Shall Pass Every golfer faces tough conditions. Every market goes through cycles. What matters is staying composed.
Recent Market Moves:
The volatility we're seeing isn't unprecedented. We've weathered these storms before. The question is: do you have the right protection in place?
If market swings keep you up at night, it might be time to add more guaranteed income to your portfolio.
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About the Author
Jed Monsen — The Annuity Caddie
Jed Monsen is the founder of Today Financial Agency and an income specialist licensed to help retirees across the U.S. build guaranteed retirement income. He works through the math with clients like a caddie reads a course — one hole at a time, no pressure.
