When you are young you are more likely to recover from stock or mutual fund losses in your IRA or 401(k) because you have more time to save more money and make different investment choices. As you get closer and closer to retirement, we strongly advise moving assets out of stocks, bonds, ETF’s, and mutual funds to safer investments like Annuities.
Annuities are unique in which when interest is credited, that interest is locked in and cannot go down. Building your retirement nest egg can be accomplished using many different investment vehicles but as long as you follow the rule of 100 and make smart choices you can be on your way to life time income.
If you would like a free Rule of 100 report, contact us and we can talk more about your asset allocation choices and help you get on track.