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Will Inflation Sap Your Retirement Buying Power in 2021?
The Federal Reserve’s target inflation rate of 2% has proved to be elusive over the last decade and 2020 was no exception. The inflation rate for 2020 finished below the 2% target, but many economists are expecting several factors to send it shooting up in 2021. While some inflation is necessary to ...
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Crash Proof Retirement Completes Annual IRA Training
King of Prussia, PA - The Crash Proof Retirement team renewed their IRA certificates for the 2021 calendar year after attending a virtual Advanced Studies IRA training event hosted by Pension Management Company on February 4,...
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It’s Good to be Crash Proof®
- Joseph & Susan Verna, Ridley Park, Pennsylvania In the last twenty years, investors have experienced three stock market crashes. The dotcom technology bubble burst in the early 2000s, the housing bubble crashed the stock market in 2008 causing a global recession, and once a...
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Annuities: Which Ones are Safe for Your Retirement?
As a rule, the closer you get to retirement age, the less risk you can afford to take on in your investment portfolio. With interest rates struggling to beat inflation, many investors are looking to annuities as a stronger alternative that is much safer than high-risk securities-based investments li...
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Is Another Stimulus Coming up in 2021?
When the COVID-19 pandemic forced businesses to close in 2020, the CARES Act provided much-needed economic stimulus in the form of low-interest loans for businesses and direct payments to eligible individuals. In late December 2020, Congress passed a second round of s...
Read MoreCrash Proof Retirement Matches 401k Contributions for Third Consecutive Year
KING OF PRUSSIA, Pennsylvania — Crash Proof Retirement, LLC continues to soar above and beyond in the financial industry and is pleased to announce that, despite the global pandemic, they matched their employees' 2020 401k contributions at a rate of 144%. Following an...
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President-Elect Biden’s Retirement Agenda
As the United States makes the transition from the Trump presidency into President-elect Biden’s administration, it is important that investors in or near retirement take a close look at the President-elect’s policy proposals as they relate to retirement saving. Adjustments to the U.S. tax code and ...
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The Dow Jones Hit 30k: Now What?
After the Dow Jones Industrial Average closed at a record high of 29,950 on February 12th, 2020, the index experienced its fastest crash in history, dropping nearly 11,000 points from February 20th to March 23rd. Concerns about the COVID-19 pandemic, nationwide busin...
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Are More Shutdowns on the Way? What it Could Mean for Your Retirement
When the World Health Organization declared COVID-19 a global pandemic back in March, government officials across the globe scrambled to find ways to prevent the spread of this deadly virus. To address the situation, officials decided that lockdown measures would be a good way to discourage large ga...
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Accumulation Phase vs. Retirement Phase: What’s the Difference?
When saving for retirement, your age should dictate the aggressiveness of your investment strategy, but regardless of how high (or low) your number is, you will fall into one of two distinct investment phases — the accumulation phase and the retirement phase. Depending on which phase you’re in, it m...
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