Prepare Your Retirement Portfolio for a Downturn

There's no way to anticipate every possible outcome. But this allocation covers the big unknowns.

Perhaps the only thing that we can all agree on is that we don't know what's going to happen next. On February 11, Standard & Poor's 500-stock index was down 11.4% for 2016, the worst start to a year in stock market history. (Note, however, that the market has certainly had much worse declines over shorter time frames. But because this drop happened to start the year, it seemed to capture our collective attention more than others.) That the market fell should have come as no surprise to anyone who had been paying attention at all these last seven years. The surprising thing is that it didn't happen sooner. What's more surprising, to me at least, is that those losses have been erased as of late March.

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Roger C. Davis
CEO, Woodridge Wealth Management, LLC

Roger is a wealth manager for successful families and individuals, speaker, and author of Wall Street's Just Not That Into You: An Insider's Guide to Protecting and Growing Wealth (Bibliomotion, 2015). He is CEO of Woodridge Wealth Management, LLC. Prior to its formation, he was a Senior Vice President at UBS Financial Services and was member of the senior advisory council at J.C. Bradford & Co. Davis has worked as a financial advisor since 1992.