Show Notes
Rising oil prices, changing interest rates, geopolitical tension, and the midterms can create a lot of noise for investors. When markets move from day to day and headlines make it feel like the sky is falling, it can be tempting to change your portfolio based on what you think might happen next.
In today’s episode, Ed and LeAnne discuss how oil and diesel prices are rippling through the economy, what rising interest rates could mean for consumers and investors, and why historical market performance around midterm elections should be viewed as context rather than a prediction.
They also explain why diversification and balancing your money between safety, income, and growth can become increasingly important as you approach retirement. You’ll better understand what sequence-of-returns risk means, the benefits of creating your own retirement paycheck, and why proactive tax and income planning can help you stay on track when markets and the economy are uncertain.
In this podcast interview, you’ll learn:
- Why short-term headlines and market volatility shouldn’t dictate your long-term retirement strategy.
- How diversification can help reduce the impact of sequence-of-returns risk in retirement.
- Why the purpose of your money should help determine where it belongs.
- How safety, income, and growth work together when creating your retirement paycheck.
- Why accurate spending, income, and tax numbers are critical to your overall retirement plan.
How Fit Is Your Retirement Plan?
We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com
