Stock Market Alternatives

What are your options besides investing in the stock market when it comes to investing in and protecting your nest egg? Brian discusses alternatives and strategies you may be overlooking.

As the stock market continues to struggle with volatility thanks to the pandemic, inflation, rising interest rates, and geopolitical issues, is it still the best bet for generating income for retirement? Are stocks really the only place to make money in a retirement plan? If the market is in a correction, what’s the correct strategy?

Bonds used to be something that was considered a safer investment, but what does Brian think about them today? What happens as interest rates rise? Cash, bonds, and non-correlated assets are all options when the stock market is going down, but they come with their own set of risks. Having a good tax plan can help reduce your taxes which helps your entire financial plan. Don’t forget about the estate tax when considering your big financial picture.

Another strategy to consider is doing a Roth conversion. Brian shares how this could factor into your retirement and how much it saves you in taxes. Look at the overall projection and discuss what money you need with your advisor to determine if a Roth IRA is right for you.

Listen to the entire episode or skip ahead using the timestamps below.

Honest Takes:

[0:12] Is the stock market still the best bet for generating income in retirement?

[3:18] What are the alternatives?

[8:40] How does a Roth conversion work?

Today’s Truth:

“Everybody wants to convert their IRA to Roth when they retire and their income goes down.”

Brian Bowen

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Brian Bowen – Contact