How would you feel if you came to your desk or better yet opened up your work terminal from your home office to find out you’ve been whacked.
That’s right… your job, your bennies, your retirement contributions… they’re all gone in less time then you can grasp it’s even possible.
Just yesterday you were planning for your future, your children’s future, your retirement… Today, that’s all nothing more than a painful thought.
I wrote about this yesterday after Goldman Sachs’ solution to their rising costs was to unload their workforce as well…
Is not just Goldman and Microsoft, it’s everywhere – there’s no safe haven in “corporate” right now. If you’re not at the top of the food chain, you best pray you’re better than the person they can replace you with for less.
At the end of the day, these executive level decisions don’t change the country club or slope side lifestyle they live.
But it sure does throw a wrench in your plans, plans for your life, your golden years and your legacy.
What most people do not realize is its about TIMING, it about when you happen to start contributing to your retirement account, its about when you hang it up and retire and most importantly when you move your exposure from the market into retirement reserves.
What does all that mean?
The person who started investing at or near a major market bottom had the largest potential. The person who decided to retire at the peak of the market may have banked the largest returns.
If you entered the market near the bottom of the market aggressively in 2000 after the dot.com bust and happened to move your exposure into cash as you approached retirement at the end of 2021.
Your retirement account sure as hell outperformed most other accounts that started and ended at different times over the same period!
Listen, if you’re not creating your retirement income on your own through managing your own money and assets, you better hope TIMING is on your side because you’re sure as hell going to need it!
I can’t do all it for you, however I can help you do it for yourself through my educational services. You simply need to take the next step…