Oct 03 2024 16 mins 1
In this episode of "Healthy and Wealthy Retirement," certified retirement counselor Mark Struthers discusses the importance of recalibrating your approach to retirement in light of recent economic changes. With a focus on holistic well-being, Mark explores how the recent Fed conference and interest rate adjustments influence retirement planning.
Mark delves into four key areas to recalibrate: mindset, portfolio, emergency fund, and use of debt. He emphasizes the need to shift your mindset regarding inflation and recession probabilities, suggesting that lower inflation and interest rates could be on the horizon. He also highlights the significance of adjusting your investment portfolio, particularly in fixed income and equities, to align with these economic shifts.
Additionally, Mark discusses the impact of changing interest rates on mortgage use and debt management, advising listeners to reassess their financial strategies. By recalibrating these crucial aspects of your retirement plan, you can ensure a healthier, wealthier, and happier retirement. Tune in for expert insights and actionable advice to optimize your financial future.
Investment advisory services are offered through Sona Financial LLC (DBA Sona Wealth Advisors, Sona Wealth, Sona Wealth Management), an investment adviser registered in the state of MN. Sona Financial only offers investment advisory services where it is appropriately registered or exempt from registration and only after clients have entered into an investment advisory agreement confirming the terms of engagement and have been provided a copy of the firm’s ADV Part 2A brochure and document.
Discolsure
This video or article is for educational purposes only and is not exhaustive. Nothing discussed during this show/episode should be viewed as investment advice. Diversification and/or any strategy that may be discussed does not guarantee against investment losses but is intended to help manage risk and return. If applicable, historical discussions and/or opinions are not predictive of future events. The content is presented in good faith and has been drawn from sources believed to be reliable. The content is not intended to be legal, tax, or financial advice. Please consult a legal, tax, or financial professional for information specific to your individual situation.
This content has not been reviewed by FINRA
