How do I protect my money from the tumbling stock market and inflation?

We’ve seen first-hand the stock market volatility. Last year, the S&P 500 plunged about 19% by year-end. Morgan Stanley analysts say that the S&P 500 could sink another 22% by this year-end.

You’re most likely aware that the Fed recently raised interest rates in the hopes of reducing inflation. So, with stock market tumbling and the rise of inflation, it’s a challenging time for us who are currently retired or who are planning to retire. 

So, how much money are you willing to lose again this year?

If you’re not willing to lose more money this year, it’s imperative that you play it smarter by putting a percentage of your money into safety to protect it now. 

You can protect your money from the tumbling stock market and inflation by considering fixed annuities and fixed-index annuities. 

When interest rates rise, insurance companies are able to offer higher interest crediting rates on their annuities. This is great news for those who are retired or planing to retire.  

The higher the interest rate, the more money you earn on your annuity. So you’ll have more wealth in your account when you’re ready to retire and you’ll have more income when you’re in retirement. 

I’ve been offering only fixed and fixed-index annuities for over two decades in South Florida. These financial products are low-risk and protect your principal investment from market volatility. 

Now is one of the best times to consider fixed and fixed-index annuities.

To talk further about safe options to stop the bleeding. Call Jupiter Joe at 561-743-0999 for a free 45 minute consultation.

*Blog Disclosure: It's not the purpose of this blog post to provide tax, legal and/or financial advice and you should always seek counsel from your CPA, attorney, and/or advisors as these topics relate to your specific needs. This information is being presented in a very general way and it's for illustrative purposes only.