The Lesson of 2012

Welcome to 2013! You made it!

Seriously, before we move on to a new year of Retirement Coach Strategies in this weekly series, take a moment to pat yourself on the back for NOT falling prey to the pressures of thinking and acting like the overwhelming majority of Americans, and remaining disciplined.

Your reward is the increased confidence that comes with a sizable increase in your Retirement Bucket™ over the last twelve months in spite of the morass of negative news and events on what seemed like a daily basis.

Please take enormous pleasure in the fact that you are NOT part of majority who acted like media lemmings and attempted to “navigate” in and out of markets in response to each installment of the ‘crisis du jour’.

The Lesson

Those who are willing to closely examine 2012 with an objective eye will experience a terrific, but not unusual, lesson in investing.

That lesson is how retirees deal with “uncertainty”.

As humans, we’re all hardwired to crave ‘certainty’. We hate not knowing what’s going to happen especially in relation to what might potentially lead us to “financial ruin”.

At various points in time during 2012, it was widely reported that any one or all of the following were at crisis levels that could lead to a market crash and threaten your long term financial security if you didn’t react appropriately:

  • the fiscal cliff,
  • the election,
  • Greece,
  • Spain,
  • terrorism,
  • subprime derivatives,
  • the deficit,
  • war,
  • the national debt,
  • high speed computerized trading,
  • unemployment,
  • the Eurozone,
  • etc., etc., etc.

As we stand here today in the beginning of 2013, did any of them significantly derail your long term financial plans?

If they did, why did they?

If they didn’t, why didn’t they?

These are VERY important questions which we’re going to closely examine in next week’s edition.

You don’t want to miss it! Stay tuned.

Committed To Your Relaxing Retirement,

Jack Phelps
The Retirement Coach

P.S.: HELP spread the news! If you have a friend, family member, or co-worker who would enjoy receiving my Retirement Coach “Strategy of the Week”, please pass it on. Simply provide their name and email address to Or they can subscribe at our website!

Thank you!