Retirement Planning During A Recession 🤯 || Recession & Retirement Income Planning
In this video I want to talk about retirement planning during a recession. Retirement planning and retirement income planning are hard enough in normal times, but add in a recession and a market crash and now your retirement planning is even harder.
In this video I want to look at how you can plan your retirement during a recession and how to position your retirement investing accounts during a recession. A recession will come and a recession will go throughout your retirement. If now a recession is happening during your retirement planning, this is a good time to reevaluate your retirement income streams, retirement investing accounts, and overall retirement income planning.
There are three factors that you wanna consider when planning for retirement during a recession:
1. Have a Retirement Cash Bucket
2. Double Check Your Retirement Income Plan
3. Adjust Your Retirement Investing Accounts
Retirement income strategies and retirement income planning are two big pieces to anyones retirement planning calculator. Whether you are wanting to know strategies for “retirement planning at 30”, “retirement planning at 40”, “retirement planning at 50”, or even “retirement planning at 60” understanding how much retirement income that you want versus how much you need gives you a roadmap to follow to and through retirement.
Here at Pearl Wealth Group, we run a trademarked retirement investment and retirement income plan for individuals and families who are wanting to retire called “Your Financial EKG™.” What we are trying to visualize is how long a persons retirement savings are going to last throughout retirement. If you are looking for early retirement planning tips or trying to saving for retirement in your 50’s, You Financial EKG™ is a great tool to help you understand where you are retirement planning. Retirement planning and retirement income strategies shouldn’t be complicated. They should just be done right.
**To schedule your virtual retirement and investment consultation with Drew, please select a day & time that works best for you: https://calendly.com/pearlwealthgroup/discoverycall ** ☎️
❌ **Please make sure you talk with your CPA, Financial Advisor, Retirement Planner, or Investment Advisor Representative, before implementing any content from this channel. All videos are for informational and educational purposes only. None of the content, comments, responses, information, or any other item on this channel constitutes financial advice or recommendations. Please call Pearl Wealth Group at 813-807-5060 to go through your Retirement Income, Retirement Investments, or Retirement Plan in more detail.** ❌