Inflation-Proofing Your Retirement - Mark Singer #5416

Summary: We’re at the beginning of an inflationary cycle right now; thus, it’s crucial to know if you’re going to enter retirement during this period, and how you can prepare. I have Mark Singer at the show to discuss this topic, and we analyze a few economic factors that contribute to this phenomenon. Interest rates are going to start to go up very soon, which means that bond values will inevitably go down. Find out what your needs are now so that you can manage your portfolio accordingly. Highlights: -Inflation is here to stay, and it’s a cycle. We saw it in the 60s and 70s, and it lasted upwards of 20 years -We’re at the beginning of an inflationary cycle right now -It’s important to find out if you’re going to be retired during this time, and what to do -Interest rates continue to be between 0% and 1.5% -We’re not getting the increase in income anymore -We just went through a 30 year bond/bull market -Values of bonds have gone up; now, we’ve bottomed out and interest rates are going to start going up, which means that bond values will start to go down -You need to understand low risk fixed income vs. high risk fixed income -Find out what your needs are and how much risk you have to take with the portfolio Useful Links: Financial Survival Network Mark Singer - Your Retirement Guide