You ensure that most important things in your life.
You insure your home.
Security systems, motion detectors, smoke detectors and radon detectors.
Even your front doorbell shows up on your cell phone.
You insure your car.
Airbags, seat belts, back up cameras, automatic brakes, and lane change sensors.
I have missed other safety features I can’t remember.
You have life and health insurance.
To protect both you and your family members.
It would cost a lot of money to replace your home, car or bad health.
No reason to suffer a huge financial loss when something bad happens.
What is your largest uninsured financial asset?
For most individual investors, it is their 401(k).
You are 100% responsible for the protection of your 401(k).
Why on earth don’t you protect it?
You can’t actually send a check to an insurance company.
Like you do with your home, car, and life insurance.
But you can limit potential 401(k) losses.
Myth: “There’s no such thing as 401(k) insurance.”
Correct—there’s no policy to buy.
But there is a 401(k) principal protection strategy.
“If my 401(k) drops to X dollar amount or Y percentage, I take action.”
A 401(k) “stop loss.”
A dollar amount or percentage.
A limit on any future 401(k) account losses.
Ready to explore what a personalized 401(k) stop loss looks like?
Let’s connect on to share the strategy.
P.S. The best time to protect your 401(k) was yesterday. The second?best is today.
