The majority of the investment planning you do for retirement is aimed at long-term success, but what can you do with the money you’ll need in the next few years? You don’t want to put those funds at risk when there’s a major purchase like a wedding or a new car coming in the near future. So what can you do with that money to keep it from being stagnant in the interim? This show will discuss the pros and cons of traditional banking, money markets, fixed annuities, and structured notes.
No one wants to let inflation erode their savings so let’s talk more about how to navigate investment options that balance risk and return. Whether it’s an annuity, a structured note, or something else, we want to highlight options you might consider as you prepare for that next big purchase.
Here’s what we discuss in this episode:
0:00 – Intro
1:10 – Putting money in the market for a short-term investment
3:06 – Are small returns good enough?
4:53 – Annuities and structured notes
6:29 – The decision-making process
7:49 – Another note on structured notes
If you are interested in any of the topics we discussed, please reach out and we would be happy to help you navigate your financial situation.
You can also watch Retirement Reality on Demand here: https://bit.ly/40VIByr
