Show Notes
On June 15th, the Federal Reserve decided to raise interest rates by 75 basis points.
Understandably, this leads to a lot of questions: how is this going to affect bonds and the stock markets? How will this impact the economy and employment? Will there be a recession?
No matter what happens, a comprehensive financial plan is your best defense in uncertain times.
In today’s episode, we discuss the impacts of the Fed’s decision, how to create a risk budget and reserves to prevent needing to sell at a loss, and how to create a plan that’ll ensure you have enough income, no matter what.
In this podcast interview, you’ll learn:
- Why our economy is in a perfect storm of fear, uncertainty, and doubt.
- Why there’s no way to time the market, especially right now.
- The importance of understanding your finances at every age.
- How to take advantage of charitable contributions in retirement planning.
- How to get a second look at your retirement plan or portfolio.
To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com/71
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