1. Don’t Panic – Stay Invested

When the market drops, the instinct to sell and “cut losses” is strong. But history shows that pulling out during a downturn can lock in losses and severely hurt your long-term returns.

Some of the best recovery days often follow the worst ones. Stay the course with a sound investment plan that fits your risk profile.

2. Build a Short-Term Buffer

Set aside 1–3 years’ worth of living expenses in a conservative, stable place—like a money market fund or income-focused investment. This buffer gives your growth assets time to recover, so you’re not forced to sell at the worst time.

3. Think Long-Term—Because Retirement Is

Even if you’re retiring now, your investment horizon may still be 25–30 years. That means your portfolio still needs to grow. Going 100% into cash might feel “safe,” but it exposes you to inflation and longevity risk—outliving your money.

4. Revisit Your Withdrawal Strategy

If you’re drawing from an annuity or portfolio, ask:

• Can I temporarily reduce how much I withdraw?
  
  
• Are there any expenses I can delay?

   

Small adjustments now can have a big impact on long-term sustainability.

5. Stay Diversified, Stay Smart

Consider investments that offer a blend of income and growth—like dividend stocks, income funds, or annuities. They help balance stability with the returns needed to keep your nest egg growing.

6. Speak to a Financial Planner

This is one of those moments where professional advice really pays off. A financial planner can:

• Test your plan against future volatility
  
  
• Suggest tax-smart strategies
  
  
• Keep you focused on your long-term goals

You don’t need to have it all figured out. You just need to begin.
Financial security doesn’t come from being perfect. It comes from being prepared, honest with yourself, and willing to take the next small step — even when things feel uncertain.

Foresight is here to support you with clarity, not complexity — no matter where you’re starting from.

📞 Contact us or Book a free consultation today.