Are your retirement funds in a safe place? It’s a question you might want to ask yourself.
Tom Jacobs and Keyona Williams with Jacobs Financial Services appeared on “Live In The D” to share insight on protecting your retirement funds.
“We believe as you get older, you need to take less risk, and that’s just simply because you have less time to recover. So if you’re three to five years away from retiring or you’re already retired, the absolute most catastrophic thing that could happen is you lose your money because you might not have time to get it back,” said Tom Jacobs, the founder and CEO of Jacobs Financial Services.
Keyona Williams said one of the biggest mistakes they see is people having so much of their retirement assets in the market, where they could lose a large portion of it. Jacobs said with the volatility in the market, they are encouraging people to consider repositioning into a safer position.
Watch the video above or click here to learn more about Jacobs Financial Services and their retirement readiness quiz.
Disclaimer: The information provided is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation. Financial instruments involve risk. Actual customer results may vary. Subject to full terms and conditions available at: jacobsfs.com