State of the Union, Impeachment, Coronovirus and Global Uncertainty  

 In Ozarks Live

According to Bruce Porter, an Investment Adviser Representative, “If you’re letting current events and emotions dictate your planning, you might want to take a step back to rethink making a knee-jerk reaction can affect your long-term planning objectives and goals.”

In the last 20 years the market has fluctuated up and down repeatedly, therefore we can assume that pattern will continue. There have been five times the market has gone up in the last 20 years. Making decisions based on current events and emotion, can be rattling if you are trying to figure out what you should do today, tomorrow, this year or next year?  

If you look at the pattern that we’ve seen the last few years: down a year, up a year, down a couple of years, up a couple of years. It’s not been very sustainable and is almost always unpredictable. After suffering a major market downfall it might take twice as long to make your money back that you lost in a recession.

If you could secure gains and never worry about the downside, would you?

I have a solution for you.  An annuity is basically an insurance policy against your income.  Annuities provide principle protection with the potential to earn an attractive rate of return without being directly invested in the market. When the market begins to fall your annuity doesn’t lose value. This stair step approach eliminates the risk and still gives you the benefit of the reward. If you’re retired or contemplating retirement, you can look at a more stair-stepped approach to walking into retirement and never having to fear the downside. Using a guaranteed approach to produce income and have confidence that your money is going to be there to take care of you   your old age.  A fixed annuity can give you the confidence in retirement knowing you are still guaranteed a specific amount of income regardless of how the market is performing. You’ll sleep better at night knowing you are sparing yourself from the risks.

Annuities are designed to turn your savings into a stream of retirement income.  They have features that can help protect you from outliving your money. So when your savings run low you can begin drawing income from your annuity. Some have a lifetime income option that allows you to take a lifetime income without losing control of your retirement assets.  The lifetime income is in the form of regular withdrawals from your contract, essentially guaranteeing you a certain amount of money per year for your lifetime, regardless of market ups and downs.

Annuities can also offer you tax-free growth. This is a big advantage as you can put away a large amount of cash and defer paying taxes. In addition, there is no annual contribution limit for annuities.  Your interest gains will not be taxed until you decide to withdraw money from your account. The ability to keep every dollar invested working for you can be a big tax advantage over taxable investments. Don’t let the withdrawal tax scare you because in retirement you could be in a lower tax bracket since you may be earning less yearly. 

Finding the right financial adviser doesn’t have to be hard. The Resource Center is here to offer “Simple Solutions in a Complex World,”  Contact us today.  

Focus 2020

When you can’t time the market, economy, interest rates or global issues- focus on your long-term goals.  Use this year to Focus 2020.  Make time to prioritize your goals and long-term plans for you and your family.    We are here to help you focus on the essentials. A back-to-basics approach lets you move forward with confidence, even when you can’t control everything going on around you.  Stick to the game plan you and your trusted adviser created for your family to provide a smooth roadmap for the future.


Bruce Porter is the author of ‘Finding the Courage to Retire.’ The road to retirement often has more twists and turns than the country roads of the Ozark Mountains near Springfield, Missouri, the area in which financial advisor Bruce Porter has spent his life. Navigating such a road usually requires additional knowledge, and often no small amount of courage. Here in his first book, Porter addresses many of these retirement-related issues. Among them: creating streams of sustainable income that can last as long as you do; understanding options available under Social Security; understanding the intricacies of Medicare and supplemental insurance coverage; financing possible long-term nursing care; preparing an estate plan. Foremost among the elements of Porter’s roadmap to retirement is an emphasis on retirement investment options that can help emphasize confidence, protection against loss of invested principal and the potential for growth.

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and The Resource Center are not affiliated companies. Investing involves risk, including the potential loss of principal. Any references to protection benefits or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions. 00521063

Recent Posts

Start typing and press Enter to search

Kansas City Chiefs logoBruce shares advice during Dollars and Sense series with "Details of the Care Act" text displayed