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 America is facing troubling economic times: collapsing credit markets, advancing inflation, exploding energy costs, crumbling dollar, massive trade and budget deficits, wildly unstable stock market, diminutive interest rates and more. All indicators point toward a full-blown recession and trouble for those in or near retirement. It is time to circle the wagons and button down the economic hatches for the turbulent economic weather ahead.
Where should your retirement money be invested? Bank CDs, the market, bonds, annuities or the mattress? If you head for absolute safety you'll get an interest rate below inflation and lose purchasing power. If you stay in the market and there's a meltdown like 2000-02, can you handle the financial hurt? Is there an ideal mix that shelters you from the worst but allows you to beat inflation? How much, how long and where are the perplexing questions!
Dr. Shelby Smith is an economist with many years of experience in the financial arena dealing with retirement matters.
This short on-line video report on how to Recession-Proof Your Retirement is FREE, to the point and worth viewing. You're invited to join in.
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