How To Protect Your 401k When The Stock Market Is Crashing 🤯 || Retirement Planning & 401k Investing
Retirement Income Strategy for 60 Year old with $600,000 in a FALLING Stock Market (Full Video:
How can you protect your 401k from a stock market crash? What about all your retirement investments when the stock market crashes. Let’s talk about 5 ways you can protect your retirement investments, retirement savings, 401k, IRA, Roth IRA, and other retirement assets from a stock market crash.
1. Diversify Your 401k and Retirement Investments
Make sure you are diversified inside of your 401k and other stock market and retirement investments. Look at how you are invested and ask yourself, is this diversification? Does your 401k offer multiple investment options? Is your 401k invested in multiple mutual funds or are all your retirement investments invested in a single mutual fund?
2. Build a Cash Hedge for Retirement Income.
Are all your retirement investments in 401k’s, IRA’s, or Roth IRA’s? If so, you don’t have much flexibility in your retirement income. Begin creating a bucket of money that is outside of retirement accounts that you can access whenever you want without penalty. This will give you the flexibility in retirement to create retirement income from another source when the stock market is crashing.
3. Have a retirement plan & Retirement Income Plan
I believe a retirement plan and retirement income plan are the KEY to surviving a stock market crash. How many months do you plan vacations or important moments in your life. Retirement should be the same BUT even more important. You need a retirement income plan for moments when the stock market crashes. You need to understand how your retirement assets are protected or not protected when the stock market crashes. You can contact us here ( to start building your personalized retirement income plan.
4. Continue Contributing to your 401k and Retirement Investments
Don’t let stock market crashes or stock market volatility keep you from investing in your 401k and retirement investments. Are you planning on retiring at 50? Asking Can I retire at 55? Then you need to continue investing in your 401k in all stock market environments especially a stock market crash.
5. DON’T PANIC
This is the most important point. DON’T PANIC! The stock market will go up and the stock market will go down. We will see the stock market skyrocket and see the stock market crash. Throughout your retirement and retirement planning, the stock market will move in all sorts of directions. DON’T PANIC! Stay focused on your retirement goals and retirement planning.
Here at Pearl Wealth Group, we run a trademarked retirement investment and retirement income plan for individuals and families who are wanting to retire called “Your Financial EKG™.” What we are trying to visualize is how long a persons retirement savings are going to last throughout their retirement. If you are looking for early retirement planning tips or trying to save for retirement, You Financial EKG™ is a great tool to help you understand where you are in your retirement planning. Retirement planning and retirement income strategies shouldn’t be complicated. They should just be done right.
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Pearl Wealth Group
Drew Blackston, CRC® & RFC®
Office: 813-807-5060
Info@pearlwealthgroup.com
Getting you to Retirement, through Retirement, & protecting YOUR ability to stay in Retirement!
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Do you perhaps consider things like a pension as part of a "Freedom Fund" or could it be considered as part of the money you set aside to satisfy that need?
I am retired already. No longer contributing to 401K. What's the advice? Thanks!
If you really want to diversify, rollover the 401k into a self-directed IRA, giving you the choice to invest in real estate, commodities, crypto, etc. You're not just limited to stocks and bonds!
Gold
Quit trying to prey on people
Last year my employer canceled the pension.
I chose to put my buy out into my 401k to avoid the penalty.
I don’t need my 401k for retirement so Im using it to buy a house when the market cools off.
I will be taking it out under the 55 rule so i will only have to pay taxes on it, no penalty.
I put 100% into a stable market fund so my 401k has stayed steady thru this market.
If I was not going to use it for a house I would have just left it alone. It would eventually bounce back. Might take years though. So thats why I put it in the stable value fund
Nice Drew!… Got my freedom fund ready to go :))
A stock market downturn and then you tell how many recessions there were?
A recession is an economic event and actually historically the stock market has performed well during a recession or at least flat. The stock market is forward looking and the bad returns are before the recession hits.
Edit
The investment returns during the last 12 recessions have been a negative 1%
In my investment plan I don't say what if the stock market drops 20% but when. It's almost a definite occurrence in any long-term investing timeline and actually it's normal and to be expected
I would say moving to a stable value fund or any non-stock investment now would probably be a long-term mistake.
I we suggest you wait to the next all-time high and then do this