Weather the Storm and Don’t Lose Focus

Weather enthusiasts and retirement planning worlds collide… Each Fall we spend a lot of time watching and listening to the news and the Weather Channel getting reports of developing hurricanes and are treated to lots of updated graphics to bring us a refresher on how hurricanes work. So, let’s take the opportunity to see what we can learn about retirement planning from a discussion about hurricanes.

 

In this episode, we will talk about the volatility of the market. Are market dips something you should be wary of? What global events cause market changes? Let’s dive into some of the things that often make us lose focus as we invest for retirement.

 

Here’s some of what you’ll learn on this episode:

• Why you need to accept that the value of the stock market will drop at some point. (6:11)
• You must be careful not to be influenced by the wrong people. (10:44)
• Here are some things you should look out for over the next few months. (16:26)

 

Additional resources: 

The “You Earned It, You Keep It Act” -

https://www.govtrack.us/congress/bills/117/hr8717

 

Workers leaving the workforce: 

https://www.nytimes.com/2022/05/19/business/economy/older-workers-labor-force.html

 

IRS Loses records –

https://www.crapo.senate.gov/news/in-the-news/weekly-column-why-did-the-irs-destroy-30-million-paper-returns

 

Emergent Intelligence –

https://unanimous.ai/emergent-intelligence-from-a-jar-of-beans/

 

Sir Issac Newton Stock Loss –

https://physicstoday.scitation.org/doi/10.1063/PT.3.4521#:~:text=However%2C%20he%20did%20lose%20a,a%20good%20bit%20more%20besides.