Recovery time?
Remember when you were a kid and you could fall off your bike, bump your knee, and hop right back on like nothing happened?
Then we age, and the same little knee bump seems to take forever to get better!
Our recovery time simply isn’t what it used to be, and the discomfort gets in the way of our daily life.
Wondering why I’m bringing up a childhood knee bump?
Think about it in relation to your investment and retirement accounts.
Imagine that knee bump being a dip in the market, volatility, a downturn, or — worse yet — a market crash.
As we progress through life, it gets harder (speaking about investments now) and takes longer to recover from those bumps and bruises.
For those of us nearing retirement (or already in retirement), it’s time that we literally can’t afford because of the short time horizon before we’ll need the money we have invested.
The five years before and after retirement are the most critical (some call it “the fragile decade”) because markets can exert a profound effect on your ability to retire when you want and live the way you want.
This is especially important to focus on now. The market did great in the years following the 2008 financial crisis, but volatility is back. And we don’t know what comes next.
What we do know is that the retirement planning rules have changed — and that may impact your existing plan.
The good news: proactive planning can help you avoid worrying about markets so much!
That’s why I put together this quick “must read” for anyone within 5 years of retirement (it’s especially relevant to volatile market conditions).
Inside you’ll discover:
- The 3 pillars of successful retirement plans (and the 22 critical questions you need to ask)
- Commonly overlooked “blind spots” from your current retirement plans
- The steps you need to take during the years leading up to your work-free life!
Market volatility is inevitable, so I highly recommend you take a few minutes to read this and complete the easy thought exercises.
After you read this and complete the easy checklist, you’ll have a crystal clear idea of the next steps you need to take to prepare for your new work-free life!
Then reply to this email and tell me the #1 “aha” moment you experienced. I’ll happily share any guidance or insights I can to help you craft your ideal retirement.
To surviving and thriving through market volatility,
Lee Hyder
Lee Hyder & Associates Wealth Management, LLC
(330) 836-7800
Learn More at LeeHyder.com
Click the image below to download your free copy of my latest book!
P.S. If you have any relatives, friends, or colleagues who are nearing retirement, please feel free to forward this email and checklist to them (the checklist is free).
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific situation with a qualified tax professional.
Lee Hyder & Associates is registered as an investment adviser with the state of Ohio and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements.
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