061: Preparing for Volatility in Unpredictable Times

If there is one thing that is very obvious about the near future, it’s that we’re living in very unpredictable times. Who would’ve thought we would still be in the middle of a pandemic? And who could’ve imagined interest rates to still be as low as they are now? Simply put, you can’t always know what’s going to happen–and you need to be able to be prepared, no matter what comes your way. In today’s episode, we talk about what’s going on with a market that’s constantly up and down, why you still shouldn’t try to time the market, and how to build a risk budget that provides you and your loved ones with the financial safety you’ll need in retirement. In this podcast interview, you’ll learn: Even without a crystal ball to predict the future, we can predict periods of volatility. Why the inflation numbers might be higher than what is being reported. Why having a bond portfolio right now could have more risk than a stock portfolio. The impact that volatile markets can have on investors who are nearing retirement. To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com/61 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

Episode 61 of the The Retirement Trainer podcast, hosted by EGSI Financial, titled "061: Preparing for Volatility in Unpredictable Times" was published on January 21, 2022 and runs 14 minutes.

January 21, 2022 ·14m · The Retirement Trainer

Summary

If there is one thing that is very obvious about the near future, it’s that we’re living in very unpredictable times. Who would’ve thought we would still be in the middle of a pandemic? And who could’ve imagined interest rates to still be as low as they are now? Simply put, you can’t always know what’s going to happen–and you need to be able to be prepared, no matter what comes your way. In today’s episode, we talk about what’s going on with a market that’s constantly up and down, why you still shouldn’t try to time the market, and how to build a risk budget that provides you and your loved ones with the financial safety you’ll need in retirement. In this podcast interview, you’ll learn: Even without a crystal ball to predict the future, we can predict periods of volatility. Why the inflation numbers might be higher than what is being reported. Why having a bond portfolio right now could have more risk than a stock portfolio. The impact that volatile markets can have on investors who are nearing retirement. To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com/61 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

Episode Description