Loan & Distribution Specialist AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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A Down-Market Survival Guide for Retirees
Morningstar Mar. 9, 2020 "[If] you know that your liquid assets, combined with any income you have coming in the door through Social Security or a pension, are sufficient to meet your living expenses, you're much more likely to sit tight even as your long-term investments fluctuate. Without such a cushion, it might be tempting to switch your long-term investments into a defensive posture, which you could regret when stocks begin to recover.... [T]ake a closer look at your spending rate and consider making adjustments in very weak market environments.... Identify tax-saving opportunities.... Find other ways to trim investment-related costs.... Step away from the action." |
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