Crashes, Retirement, and Bears, Oh My! Market Crashes, What They Are and How They Work
Retirement Answer Man
Roger Whitney, CFP®, CIMA®, RMA, CPWA®
4.6 • 1.2K Ratings
🗓️ 15 January 2020
⏱️ 26 minutes
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| 0:00.0 | Have you ever been in a car crash? I have. I remember I was driving along, having a great day, and then whammo. Life went nuts. |
| 0:08.8 | Tire screeching, metal bending, my body being tossed around the car. |
| 0:14.3 | Luckily I had my seatbelt on, and then the silence afterwards. |
| 0:17.8 | What the heck just happened? |
| 0:19.3 | Luckily I was fine, the other driver was fine, my car was totally. Probably the biggest injury I had was the psychological one of that |
| 0:29.6 | real is, you know, real, right in front of your face, Life can really smack you at any moment. It took a while to get over that or to not let it be so powerful. I think market crashes are exactly the same way and that's what we're going to talk about today on the |
| 0:43.4 | retirement answer man show. |
| 0:47.0 | And my name is Roger Whitney. I am your host and this is a show dedicated to helping you not just survive retirement, but to rock retirement. |
| 0:57.0 | And we are continuing our series on Bear Markets, Market Crashes, and retirement. |
| 1:02.9 | And how do you make sure you rock retirement |
| 1:05.0 | and protect yourself against these extraordinary market events? |
| 1:09.1 | And today we're going to talk about market crashes. |
| 1:11.0 | But first, a word from our sponsor. |
| 1:14.0 | Back in the 1940s, they thought running a sub-4 minute mile was dangerous, if not impossible. |
| 1:22.6 | And then in 1954, Roger Banister accomplished this. |
| 1:26.6 | Within a year, someone else ran a sub-4 minute mile |
| 1:30.1 | and then nowadays you have high schoolers that are doing it. |
| 1:32.5 | It's very difficult to go into an era of life or into something that you've never experienced before. |
| 1:39.3 | So I'm Roger, I'm here to talk to you about the Rock Retirement Club. |
| 1:42.1 | This is our private community we have where you get to interact with people a lot like you in the same stage of life and you get to learn from people that are a few steps ahead of you already doing the things that you want to do in retirement |
| 1:56.0 | and you get to go deeper with me and my team as we provide education and resources to help |
| 2:02.3 | you rock retirement during our live monthly meetups. |
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