In a special reprise edition of the Lifetime Income Series, Jim and John cover an important topic for those who are nearing retirement or just retired; protecting your savings and investments from the next downturn. For many baby boomers, their retirement plans have been delayed, altered, or their lifestyles changed as a result of two major bear markets and the policy of financial repression, which has kept interest rates suppressed for the last eight years. Now that the Fed has ended QE and raised interest rates last December, the economy has begun to stumble again, and there is the risk of another recession ahead with an accompanying bear market. So this program is going to be all about preserving capital. Jim illustrates some of these strategies through a case study.
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