No matter what - STOP following computer models. They try to predict the future and look where that has got us. You need to figure out where you need to be and then get there mathematically. If you need help get it.
Need help - e-mail your questions to: GetHelpDC@gmail.com
1. If you lost your job recently
a. Look into portability of your:
i. Life insurance
ii. Disability insurance
iii. Accidental Death Insurance
b. Rollover your 401k / 403b / TSA into a rollover IRA
i. Watch for fees
ii. Watch for people that want to lock up your money
iii. Give yourself more investment choices than you had before
iv. Don't buy into computer models - look where they've got us
c. Network
i. You have a clean start what is it you really love to do?
ii. Speak to anyone and everyone you know
iii. Network online
iv. Join the chamber of commerce
d. Offered a Pension?
i. Look into rollover lump sum
ii. Or Pension Maximization
2. What do I do with my money?
a. First - where do you want to go?
i. Growing money
ii. Taking income
b. No matter what - figure out how much you need and what you need to get there
c. Make sure you are diversified
d. Rebalance your Portfolio
e. Don't panic
f. Good time to remove excessive risk
g. Think about this as a starting over point
Need help - e-mail your questions to: GetHelpDC@gmail.com
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Finance expert Alan Klayman is the founder of the MyIncomeStrategy.com® program, which is designed to help people determine how to derive their retirement income from their assets without any investment bias! With over 25 years' experience, Klayman has helped over 10,000 individuals and advisors one on one, and many thousands more in hundreds of seminars, develop income strategies, as well as estate plans and other finance-related solutions. For questions, contact him at
alk@myincomestrategy.com Or..
http://www.myincomestrategy.com/strategy.cfmKlayman Financial LLC®
PO Box 550
Lahaska, PA 18931-0550
