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Stock Market Uncertainty? A Fixed Indexed Annuity Can Help Put You at Ease

A crystal ball into the stock market’s performance – wouldn’t that be useful! While predicting market performance to-a-t is not possible, you can help protect your savings by preparing for market uncertainty.

Market Uncertainty Heightens

This past December marked the worst decline for stocks since the financial crisis in 2008. This decline brought an uneasiness for pre-retirees. While calm settled over the financial markets once the new year hit, 2019 remains uncertain when it comes to market swings. However, uncertainly in the market isn’t anything new. Therefore, pre-retirees can do two key things to help prepare themselves for retirement when the market is down.

1. Diversify Your Portfolio

When markets decline, financial portfolios ultimately go down in value. This can have an even greater impact on retirement portfolios that aren’t balanced to protect savings. A diverse portfolio can balance risk by helping to ensure it can withstand the uncertainty of the market.

Diversifying may be the most important part of retirement planning. While there is no one right answer – or guaranteed sure thing – having a balanced financial plan is a proven strategy for income growth and wealth protection. Diversifying can mean a mix of 401(k) funds, IRAs and Roth IRAs, fixed indexed annuities (FIAs), mutual funds, stock investments, and more. Get ahead of market swings by checking in on the risk tolerance of your financial portfolio and making sure to diversify.

2. Protect Your Principal

With the stock market, there is no guarantee of upcoming returns. This serves as our reminder to think about how we can build our retirement strategy to help ensure we have a continuous source of income. A smart first step is to evaluate savings vehicles that helps protects against market volatility. Enter a fixed indexed annuity (FIA).

An FIA protects your principal even in a negative market return. At the same time, it offers the opportunity to earn interest that is tied to the performance of a well-known index, such as the S&P 500, Dow Jones, NASDAQ, etc. In all, FIAs are contracts with insurance companies, where potential interest earned is linked to an external index. When you purchase a FIA, you can expect a guaranteed minimum rate of return and tax-deferred growth.

What’s Next?

What will happen in the stock market? Anything is possible. There will never be a crystal ball that can accurately tell us what to expect. Therefore, it is up to retirement savers to make decisions that will allow them to prepare for a retirement that fits their needs by making sure they have principle protection, a diverse portfolio, and a guaranteed source of income.

Adding an FIA to your retirement portfolio could be part of the answer to protecting yourself against market uncertainty. Talk with your financial professional to understand the specific product features and to see if the benefits of an FIA ladder up to your goals.

Stock Market Uncertainty? A Fixed Indexed Annuity Can Help Put You at Ease

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Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor.  BCM and Cox Strategic Wealth are independent of each other.   Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents.  Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by BCM.

The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives.