Retirement Quick Tips with Ashley

Stock Market Correction Is Here…What To Do Now | Recap


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It’s Sunday, which means...it’s recap time here on the Retirement Quick Tips Podcast

This week the theme was: Stock Market Correction Is Here…What To Do Now

In case you missed any episodes, here is the order of priority that you’ll want to save in your retirement accounts in 2022:

  • Understanding Market Corrections
  • Is This The Beginning Of Worse To Come For Stocks? 
  • The Cost Of Missing The Best Days
  • The Worst Thing You Can Do During A Stock Market Correction
  • The Best Thing You Can Do During A Stock Market Correction

The most important takeaway from this week is: While selling your portfolio of stocks and going to cash is the worst thing you can do during times of market downturns and economic uncertainty, you don’t have to do nothing either. Staying invested and looking for opportunities can help you emerge from these scary and uncertain times in a better position than when you started. 

Tomorrow, come on back, because we’re starting a brand new theme: A Listener Case Study - 1 year to retirement…what to do now? 

I received an email from a listener a few weeks ago, and as soon as I read this email, I knew I wanted to devote an entire week’s worth of content on the podcast to her questions. She has a year left until retirement and I’ll cover everything from getting back into the stock market after going to cash, to retiring prior to Medicate, to using a bucket strategy approach to cover living expenses without dipping into your retirement portfolio during a market downturn, and more.

I think there will be something for nearly everyone, as this listener's set of questions and issues is so multi-faceted, yet so common among so many pre-retirees and retirees today. 

I’m really looking forward to reviewing this listener case study with you next week, and if you would like your own questions answered on the podcast, I’m planning to incorporate more of these mailbag topics into upcoming weekly themes, so please email your own retirement questions to me, and I just might answer your questions on the podcast! 

Send your email to [email protected]. That’s [email protected] 

Thank you so much for listening this week! If this podcast is valuable for you, please share the show with a friend, a neighbor, your brother, or co-worker who is getting close to retirement. Just go to your favorite podcasting app, hit the share icon, then text or email the show link to someone you know who is eyeing retirement. 

Thanks for sharing the love and spreading the word. I hope you have a blessed Sunday. My name is Ashley Micciche, this is the Retirement Quick Tips Podcast.

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>>> Visit the podcast page: https://truenorthra.com/podcast/ 

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance

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Retirement Quick Tips with AshleyBy Ashley Micciche

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