If your portfolio has not fully recovered from losses in recent times, you may wish to consider a more diverse method of accumulating wealth by incorporating alternatives to maximize growth while minimizing the downside risk.

Wealth Accumulation Strategies

You may be able to use time to your advantage when investing for wealth accumulation.

Generally, the longer you invest, the more potential your money has to compound interest. If your portfolio has not fully recovered from losses in recent times, you may wish to consider a more diverse method of accumulating wealth by incorporating alternatives to maximize growth while minimizing the downside risk. A very famous investor says: “Rule # 1: Never lose money. Rule # 2: Never forget Rule #1.” It’s not about how much growth you might get, it’s controlling the downside or losses that make the biggest difference in wealth accumulation.

However, with fluctuations in the stock market, it is important to remember that more conservative retirement strategies typically have only a portion of the assets invested in the stock market. Allocations can be set aside for more conservative investments and/or secured income contracts such as annuities. Annuities are long-term vehicles designed to help generate supplemental income during retirement. They have minimum guarantees backed by the strength and claims-paying ability of the issuing insurance company. After all, the last thing you want to do is lose more ground during the next market correction.

Strategies for Financial Independence

To schedule a time to discuss your financial future and the possible role of insurance or investments in your financial strategy, call us at 559-230-1648 today! We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives.

At Soutas Financial & Insurance Solutions, Inc., we offer you the following services:

(Click the images below to learn more about each service)

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Retirement Income Strategies

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Wealth Accumulation Strategies

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Asset Protection

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Long-Term Care Strategies

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Legacy Planning

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Tax Planning Strategies

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IRA, 401(k) & 403(b) Rollovers

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Life Insurance

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Annuities

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Medicare

We can also refer you to professionals who provide the following services:

Will A Recession Rob Your Retirement? A complimentary 20-minute Strategy Visit with Soutas Financial can help ensure you and your family are supported — even if the economy takes another dip.

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