May 30, 2022
Welcome to a new week here on the Retirement Quick Tips podcast. I’m your host Ashley Micciche, co-owner of True North Retirement Advisors, an independent financial advisory practice managing $340 million in client assets. I’m a Chartered Retirement Planning Counselor, and I started this podcast because I love helping people just like you gain clarity and make a plan for the retirement you envision.
The theme this week on the podcast is: Don’t Just sit there. Do Something!
When the stock market is in freefall, and with high inflation, a war in Ukraine, and rising interest rates causing angst among investors, it’s easy to fall into the temptation to abandon your long-term investment strategy, sell everything, and go to cash until things start looking up again.
But what if you could do something to take advantage of the current downturn in the market?
This week, I’ll share with you my best ideas for ways you can take action to improve your long-term situation, that may scratch that itch you have to do something about what’s going on right now, without taking the extreme action of abandoning your long-term strategy and selling everything, locking in your losses after the market is already down 20% for the year.
I hope what I have to share with you this week will help you make smart and thoughtful decisions with your retirement. And while I am careful to not lead you astray, personal finance is not an exact science. There is no one-size-fits-all solution for everyone, so I encourage you to disregard anything I say that may not be helpful for you, and to consult your own financial, tax, and legal advisors regarding your own individual situation.
That’s it for today. Thanks for listening! My name is Ashley Micciche...and this is the Retirement Quick Tips podcast.
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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance