Preserve and protect what you have built

The Great Recession that began in late 2007 was a painful period in many Americans’ lives. Everyone who was invested in the market, people who were overextended in mortgages, and those who lost jobs as a result of a crippled economy, were among the millions affected.

Since then, many people have recovered from the financial setbacks. Nevertheless, a new study by the Federal Reserve Bank of San Francisco suggests that challenges linger. According to Fed researchers, the long-run effects of the financial crisis cost every American an estimated $70,000 in lifetime income.

You have to figure out how to take your accumulated assets and turn them into income-generating sources that last as long as you may need them.

Find out more about preserving and protecting what you have built….

 

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