How the Russia/Ukraine Conflict Effects Your Retirement
Welcome to this week’s episode of the Christian Retirement Show! This week we are discussing the conflict between Russia & Ukraine, what this means for your retirement ,and 2 retirement strategies you can implement in times such as these.
As I type, Russia has continued to escalate the conflict in Ukraine but has been frustrated by the valiant resistance of the Ukranian military and civilian population. In addition, both Europe and the United States have imposed significant social and economic sanctions.
With all of this in mind, it may seem like a bleak outlook for the U.S. stock market but what we’ve seen is that on average the SP 500 has ben up by over 13% one year after global conflicts and while each conflict is different we don’t forsee this war between Ukraine & Russia have a long-term effect on the U.S. stock market outside of oil/gas prices.
As a retiree this means having a financial plan which can weather the short-term volatility conflicts like this cause is paramount. To help you in your retirement planning there are two retirement strategies I’d like to share with you. 1) Keep 6 months – 2 years of retirement income in cash in your portfolio. 2) Have different investment buckets for different time horizons.
To explore working with a Christian Financial Advisor and CFP® professional got to www.christianretirementplanner.com or email Eric at email@example.com.
Resources from the episode:
Christian Retirement Planner Website: https://www.christianretirementplanner.com/
Free Retirement Assessment: https://www.christianretirementplanner.com/your-free-retirement-assessment
How The Market Reacts to War: https://seekingalpha.com/article/4488660-how-stock-market-reacts-war-based-crash
Listen to the show online: https://www.christianretirementplanner.com/blog-01
Listen to the show on Apple: https://podcasts.apple.com/us/podcast/the-christian-retirement-show/id1530097100
Listen to the show on Spotify: https://open.spotify.com/show/2CvP6jKwvQM9UHCVNbAmVI?si=DnJ7cAotSai8yYTlNirRlw