By David Alemian
Are you concerned about what’s been going on in the stock market? Well you should be because, if you have money in stocks or mutual funds, the last couple of weeks have not been good for you. It’s probably safe to say you may have lost thousands of dollars in the last two weeks alone. Do you want to lose more money? Of course not. Well, the time to get out of the stock market, is now. The longer you wait, the greater the risk. You could lose thousands, or tens-of-thousands, or even hundreds-of-thousands of dollars more. It’s been so bad lately, I’ve seen headlines saying the stock market is like 2002 all over again.
Your retirement money is important, and anything you lose in the next crash, you won’t have in retirement. Does your broker say don’t worry? Will your broker replace your losses? No. It’s time to put your best interest first, because it’s your retirement money.
Here is what you can you do to protect your financial future. Put your IRA money or old 401(k) money into an equity indexed annuity. Find a life insurance agent who is experienced with equity indexed annuities and protect your money now. When the market goes down, your money will be protected, and you won’t lose money. When the market goes back up, you will get a reasonable rate of return on your money. If you have an old 401(k) with a previous employer roll it over into an IRA using an equity indexed annuity. If you have an IRA and/or other money that is in mutual funds, roll that money over into an equity indexed annuity too. The time to act is now, because if you wait, it could be too late.
Get the unbiased truth about how to build wealth by remembering to make sure you come back here next week for another edition of
Check out and “LIKE” The Alemian File Facebook page, or simply go to the www.TheAlemianFile.com.
If you have questions, send me an email to David@TheAlemianFile.com, because I answer every email I get.
About David Alemian
Successfully creating affordable retirement plans guaranteed to last a lifetime is a unique, specialty skill. It’s a challenging arena but respected writer David Alemian makes it look easy. Alemian is a leading retirement expert and nationally recognized authority whose expertise is shared via video columns, numerous journals, and talk-shows.
His national recognition results from both revolutionizing and revitalizing how organizations and individuals like you and me plan and save for retirement. Alemian is considered “The Go-To Guy” for creating and implementing absolutely irresistible, lifetime retirement pension programs.
Formerly the host of “It’s About Money” Radio Show, Alemian has also produced and is featured in over 200 financial education videos. Additional content can be found in many well-respected, publications including: MD Magazine, Physician’s Money Digest, Physicians Practice, Journal of Clinical Oncology, Consultant Live, Psychiatric Times, Cancer Network, OB/GYN.net, and The Healthcare Executives Network.