Safeguarding retirement investments
Hi Terry,
I am not usually a nervous investor, but the current administration is generating the desire to safeguard my 401K and IRAs. Expecially since my plan is to retire in 2026.
Is there a “Trump/Musk Proof” place that I can put my investments into? Is there an inflation-protected U.S. Treasury bond or something? I am the breadwinner between me and my husband – and his savings are not of what I would call “livable with a side of fun” amount. Any advice?
Thank you!
Terry Says
There are mutual funds that buy TIPS — Treasury Inflation Protected Securities. But inflation is not the only looming issue. Read my latest column on Recession!
There are few “safe” places in 40lk accounts, since they are designed for younger people growing their assets, with a long time horizon.
Inside your 40lk choose the safest funds, likely a short-term bond fund. And if there are no safe places to hide from the equity market inside your 40lk, then make sure your IRA’s are in Treasury-only MM funds to offset the risks you must take in your 40lk plan.
This might be a good time to meet with a FIDUCIARY, fee-only financial advisor.
Read this: https://www.terrysavage.com/pam-krueger-wealthramp/
