Did you know the average cost of retirement is $951,000? Will you have enough?

Don't Panic! Here Are Five Steps to Crash-Proof Your Portfolio [StreetAuthority]    From Our Partners  [Did you know the average cost of retirement is $951,000? Will you have enough?]( A recent study revealed that the average amount held in a retirement account today is just $88,400. That means that the typical worker has a $862,600 gap between their actual savings and their retirement. So, you need a strategy that not only gives you income, but that grows that income over the next few years. I built an income strategy to solve the looming issues most retirees face. [This truly is a game-changer for retirement living — watch the presentation here.](   Don't Panic! Here Are Five Steps to Crash-Proof Your Portfolio By John Persinos  Monday was the worst day for U.S. stocks in nearly two years. Markets around the world plunged; the S&P 500 index was down 3%. The catalyst was economic data that suggested the economy could tip into a recession. Whether these fears are overblown or not, the rout in equities begs the question: Are you sufficiently prepared for corrections? For starters, take a deep breath and remember that weakness in the overall market isn’t sufficient reason to dump inherently strong stocks. Markets rise and fall, but over the long run a well-diversified portfolio provides the best gains. As a rule, don’t let the alarmist headlines spook you into selling. The last thing you want to do is prematurely dump your stocks out of panic. Long-term investors should not be spurred into impulsive actions by short-term declines. Consider these five steps. They may seem basic, but even seasoned investors sometimes forget the essentials: - Stop losses. One of the most widely used devices for limiting the amount of loss from a dropping stock is to place a stop-loss order with your broker (see graphic). [Read More...](   [Buy and hope goes bust… make this mayhem trade for a shot at fast profits]( We’re facing a rollercoaster market for the foreseeable future… the old “buy and hope” strategy most investors depend on is going to take them on the white knuckle ride of their lives… But that doesn’t have to be YOUR story. [This 2-minute “mayhem” trade is designed to pinpoint wall street’s biggest losers and ‘flip’ them into fast profits.]( Just how much money do YOU stand to make in the Mayhem? [Discover just how powerful (and profitable) this 2-minute trading twist can be - HERE.]( You are receiving this email at {EMAIL}as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms](   [Privacy](   [Unsubscribe]( ©2024 [[ StreetAuthority ]] [[ 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 ]] All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.