Volatility Returns to the Market
Over the last couple weeks, the market has approached double digit declines. What’s even more unsettling is as of this writing, since hitting an all-time high in mid-September, the S&P 500 is down 7.4%. Many of you may be wondering how you will come back from these losses or replace the income you may have lost.
When do you want to know about weaknesses in your portfolio? Today? Five years from now? After a market correction? Never? When it comes to your life savings, you don’t want to wait to take the appropriate measures to protect yourself from possible economic events. As you’re building your wealth towards retirement, wouldn’t it be comforting to know there are ways to identify your current risk exposure, so you can effectively position your assets to protect you from losing your income security?
Whether you have experienced losses to your portfolio over the last couple weeks, or you are unsure how your portfolio may be impacted by economic events, I recommend you have a stress test done on your portfolio to identify your current risk exposure. You’re welcome to give us call (775) 853-9033 and speak to one of our retirement planning specialists about scheduling a stress test today.