woke to look at different fuels to try to protect the environment. okay, so how concerned are you about the prospect on the u.s. defaulting on its debt? how ugly could this get, and how could it impact america? first of, all anyone who is a 401k should be deeply concerned, because it will be to the detriment of any what retirement portfolios, because markets will get rattled, and we ll start to see salons. anyone who cares about the united states global stature, as we stand up to a top or see in beijing and moscow, should carrabelle. this it s going to undermine our status as the world leading economy, and military might. anyone who cares about competency and federal affairs, who wants to see congress act like grown-ups rather than seeing a repeat of what we saw during the first week of 118 congress within your fistfight on the house for should care about this. this is about us paying our bills on time. his speaker mccarthy and
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However, many retirees favoured cash because they wanted the peace-of-mind that protection and return certainty offered but the downside in the current environment was minuscule returns.
“With interest rates at unprecedented lows, and unlikely to head substantially higher anytime soon, retirees need the defensive component of their portfolio to work harder for them,” Rady said.
“They need to ask: how can I get a better return than I’m currently getting from my term deposits or cash, while ensuring there is still sufficient downside protection for my retirement savings? We believe protected retirement strategies that are backed by a life company are part of the answer.”
china. that was the beginning of what happened today. we saw china sell off and the u.s. sold off. the dow was down 1,809 points and we rallied in midday when folks came in and had short covering and bought into the market and then we sold off again. what a correction is is really a 10% pull back from a recent high. it s often necessary in a market that has gone too far too fast and we had a pretty unprecedented bull run so some experts were calling for a correction. this one, though, happened a little faster than most of us are comfortable with. i m out of time but i want to ask you this, experts say don t panic. what should people do when it comes to retirements, savings, mentions or 401 k. i m not a financial advisor but i would tell you to have a conversation with one and everyone s retirement portfolios are different based on how old you are, what your risk profile looks like. make sure it s good enough for you to sleep at night and for
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