Market Corrections & The Impact On Your Money

As we work towards retirement or are already in retirement market corrections & recessions can play a major role in our future success. Bases on the performance of investments, the time horizon to retirement, the potential loss of employment and the dependency on the assets themselves in retirement all these factors can alter our own expectations and outcome.

Bear markets, defined as a period where the stock market goes down 20% or more, from the highest point, happen frequently. From 1900-2014, there were 32 bear markets. Statistically, they occur about 1 out of every 3.5 years and last an average of 367 days. For those old enough to remember, in the 1970’s the market dropped 48% over 19 months and in the 1930’s dropped 86% over 39 months and in 2007-2009 the market dropped 57% over 17 months. Another notable bear market is Japan’s “Lost Two Decades” from 1998 to present where the market values were noted as having declined 80%. (https://www.thebalance.com/u-s-stock-bear-markets-and-their-subsequent-recoveries-2388520)

During this presentation we will share information on the following topics that will help you understand the value of planning and staging your retirement to potentially be prepared for these events.

• What are my expectations for a rate of return and how this is important to my retirement
• What is sequence of returns and how can this alter my retirement
• What are some of the ways to hedge or shelter my portfolio when these events happen
• Buy low & sell high, we’ve all heard of the concept how is this accomplished
• Can I weather the storm of a correction and recover if I am drawing down my savings

Join host Michael Alimo (R.I.A.)- Beginning his career working on Wall Street at various brokerage firms, Mr. Alimo’s last 20 years have been devoted to serving clientele in CT and New England at his USA Financial & Tax Services, LLC.  With a focus on retirement planning, risk management, tax planning, wealth preservation and estate & legacy planning.  In gratitude for many years of business, Mr. Alimo remains committed to giving back to the community via informational presentations and educational workshops.  He has hosted many seminars, speaking to groups about a broad array of financial topics at various venues such as libraries, continuing education programs and universities.