TSP 401K Losses - How To Survive Them

Federal Employees Retirement & Benefits Podcast

Jan 30 2024 • 2 mins

Struggling with TSP or 401k IRA losses? In this essential video, Charles offers expert advice on navigating these challenges with confidence. Discover the importance of having a well-thought-out financial plan to weather market fluctuations and secure your future.

In This Video:

0:09 Understanding the Importance of a Financial Plan: Learn how splitting your investments between income and growth can provide stability and mitigate risks associated with market losses.
0:35 Balancing Your Portfolio: Insights into how you can diversify your investments in stable income funds and growth-oriented stock market funds, avoiding unnecessary risks like penny stocks.
0:58 Staying Informed and Away from Drama: Charles emphasizes the value of having a plan and seeking advice from a fiduciary, helping you stay focused during market ups and downs without unnecessary worry.
1:34 Patton’s Wisdom on Planning: Reflecting on Patton's quote, Charles underscores the urgency of implementing a good financial plan now, rather than waiting for a perfect plan.
1:45 Take Control of Your Retirement Planning: Worried about the volatility of the stock market and its impact on your retirement plans? Charles guides you through understanding the market's nature and the importance of sticking to your long-term investment strategy for ultimate success.

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Looking for personalized advice? Schedule a consultation with Charles to tailor a plan that suits your unique financial situation. https://calendly.com/charlesdzama/dza...

#RetirementPlanning #TSP #401K #FinancialAdvice #InvestmentStrategy
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Engaging Titles (for the algo's):

How to Bounce Back from TSP and 401K Losses
Building a Resilient Retirement Plan in Uncertain Times
The Essential Guide to Surviving Market Downturns

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