DON’T LET A POTENTIAL RECESSION TARNISH YOUR RETIREMENT!
How Can You Safeguard Your Savings?
For the past several months, there has been lots of chatter about a possible recession. Although we cannot predict the future, we can take preventive measures to ensure we’re prepared for anything that comes our way. One of the areas you should begin preparing concerns your retirement accounts. Several people have come to us and mentioned how thousands of dollars are being removed from their 401(k)s. Seeing your hard-earned money be ripped away is heartbreaking and can lead to serious financial troubles and other challenges. Fortunately, there are steps you can take to preserve your wealth and ensure your retirement funds remain intact. HOW CAN YOU RECESSION-PROOF YOUR RETIREMENT ACCOUNTS? First and foremost, you must have a financial strategy to help support your retirement goals. You can add stocks, bonds, real estate, annuities, cash, or other assets to these accounts to have multiple income streams and help with the uncertainty of the economic market. However, it’s important to note that investing will always have risks. Luckily, your retirement advisor can help you find investments that fit your needs and have a lesser chance of causing roadblocks.
Regardless of what you choose, it’s essential to diversify them to reduce market risks. For example, if you want to store your money in stocks, ensure your portfolio has large and small companies. For bonds, get a variety of government and corporate bonds worldwide rather than just from one country or sector. Other storage options can include annuities, certificates of deposit, or Treasury inflation-protected securities. DON’T FORGET ABOUT TAX IMPLICATIONS! If you’re not taking taxes into consideration, it’s time you do! Taxes can alter your retirement funds dramatically. Furthermore, tax laws are ever-changing, which means that something that didn’t affect you in the past could affect your future if you aren’t up to date on tax laws that impact your accounts. Remember, if you don’t have a strategy that goes along with taxation on your retirement funds, you could be paying a hefty tax bill all at once! If you or someone you know needs assistance in recession-proofing their retirement accounts, please consider working with the Retirement Authority! To book an appointment with Scott Mizenko, please go to BookLTCCall.com . You can also email him at Scott@ScottMizenko.com or call 800-570-1396 .
Inspired by TasteOfHome.com
TAKE A BREAK
With summer over and fall here, pecan and honey reign supreme in this sweet chicken recipe. The honey provides a perfect caramelization while pecans pack on the crunch factor! HONEY-PECAN CHICKEN BREASTS
INGREDIENTS
•
2 6-oz boneless, skinless chicken breast halves
•
1/8 tsp cayenne pepper
•
1/4 tsp salt
•
1 tbsp butter
•
1/4 tsp garlic powder
•
3 tbsp honey
•
1/8 tsp black pepper
•
2 tbsp finely chopped pecans
DIRECTIONS
Aster Blueberries Citizenship Grandparents Homework Labor
Leaves Moonstone Prepare School Virgo Windy
1. Pound chicken with a meat mallet to 1/2-inch thickness. Sprinkle with salt, garlic powder, black pepper, and cayenne pepper. 2. In a large nonstick skillet, heat butter over medium heat; brown chicken on both sides. Cook covered until chicken is no longer pink, about 6–8 minutes, turning once. 3. Drizzle with honey and sprinkle with pecans. Cook covered until chicken is glazed, about 2–3 minutes.
1-844-633-5239 3
Made with FlippingBook Ebook Creator