Contact information for our employees during Coronavirus

Retirement Money Tied to the Stock Market

Retirement Money

Most people have retirement investments that are sensitive to stock market swings. 401(k)s, some annuities, and target-date funds are all responsive to changes in the value of equities, bonds and Treasury bills.

Some people like to have that level of risk in their retirement portfolio because the upside can be significant. To protect against devastating losses to retirement assets, however, you should have a good blend of conservative investments that don’t lose principal and do keep building steadily—even if slowly—to balance out the risk that you might have a deep or prolonged down period that suppresses your dividend income.

Products such as IRAs, guaranteed-principal annuities, and Social Security don’t go up or down with the stock market and are good backstops in case of losses to your other accounts. You should also establish an excellent budget that prepares you for home, health and auto expenditures well into your future. Our financial specialists can help you with all of this so your retirement can be more secure.

Allan Block Insurance, Professional Service with the Personal Touch

We are located in Tarrytown, NY, in the heart of Westchester County, a key business district just north of New York City. We write auto, home, renters, condo, co-op, personal, business, life and group insurance for clients locally and in NYC, CT, NJ, PA, MA and many other states. For more information or answers to your insurance questions, please contact us.

Skip to content