Every type of investment is like a tool; each has a specific and unique purpose. Consider a master craftsman working on a blue print of his new project. With his end goal in mind, he knows exactly which tools are needed to complete the job. If your end goal is a safe and comfortable retirement, do you know which tools you need to build that masterpiece?
It is vital that you educate yourself on the designed purpose of investments before you employ them to bring you to your end goal. Let’s break down some common investments used today, and the designed purpose of each.
Stocks were invented to grow companies, not to grow your money. That’s why they are so risky for people in or near retirement. The same can be said for mutual funds, because they are usually made up of different stocks. When you invest in stocks, you’re giving money to a company hoping it will grow and then give you a return on your investment. If the company fails to grow, or the stock market crashes and takes all stocks along with it, your nest egg pays the price. You must remember that stocks were never intended to grow your money, and they absolutely were not designed to protect it from losses, which you simply cannot afford in retirement.
Bank accounts are a good place to temporarily hold your money and protect it, however, they’re not designed to grow your money. Because they’re FDIC insured, savings accounts and CDs can provide some safety for your money while you decide what to do with it. If you’re placing your money in a bank account until you are ready to live off of it in retirement, you’re using it the wrong way. You won’t keep up with inflation and you certainly won’t be getting the kind of growth you need to build and maintain a nest egg.
Bonds have a completely different purpose: they’re intended to give you an income stream. They weren’t designed to grow your money or protect it from losses. Bonds carry a lot of risk and do not guarantee growth. If you’re using bonds to grow your money while protecting it from losses, you’re using the wrong tool for the job.
When you are finished working and accumulating money, you can’t just settle for getting to retirement; you need to make sure you can get through retirement as well. The tools you need for this job are investment vehicles that have earned the Crash Proof™ seal of approval.
Crash Proof Retirement vehicles are investments designed to both grow and protect your retirement assets. When you’re in or near retirement, you can’t afford to take the risks associated with stocks and bonds, and you also can’t afford to let your money erode in a bank account. You need to select the tool that’s going to build the retirement you deserve.
Crash Proof Retirement investments offer the best of both worlds—they provide steady growth and prevent your accounts from taking a step backwards. Investments used in a Crash Proof Retirement™ are carefully selected by their designed purpose, to ensure that you’re picking the right tool for the job and your retirement years will be safe, secure and comfortable.