Over a period of 22 trading days, in the third quarter of 2015, the market corrected and wiped out over $1 trillion of wealth. Clients never really felt that loss, however, because it came and rebounded before their next quarterly statement.
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Most money management strategies do not adjust to accomplish or even recognize the differing financial stages in your life. However, that is the problem… The solution lies in making an adjustment to how money is managed. Once you establish a retirement lifestyle budget you then need to establish a guaranteed source of sustainable income to accomplish that lifestyle.
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