Episode 1: The Stock Market Doesn't Matter
Food for thought: for the average retirement plan participant, the stock market doesn't matter. Yes, you read that correctly! The truth is that, for most, the stock market is not primary driver of asset growth - contributions are!
Revamping Retirement Episode 1 The Stock Market Doesnt Matter
In episode one of Revamping Retirement, Mike Webb explores why the stock market's short-term movements shouldn't scare retirement plan investors, the importance of staying the course and maintaining a diversified portfolio, and why retirement plan sponsors should concentrate their efforts on increasing participation and savings rates, rather than being hyper-focused on investments.
Note: The content in this podcast is for institutional investors and plan sponsors. This information is intended to be educational and is not tailored to the investment needs of any specific investor. All examples of investor gains and losses are hypothetical and intended to illustrate the importance of early saving and consistent retirement contributions over time. Investment decisions should be based on an individual’s own goals, time horizon, and tolerance for risk. Nothing in this content should be considered as legal or tax advice and you are encouraged to consult your own lawyer, accountant, or other advisor before making any financial decision.
Note: This feature is to provide general information only, does not constitute legal advice, and cannot be used or substituted for legal or tax advice. Opinions expressed are those of the author, and do not necessarily represent the opinions of Cammack Retirement Group.
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