COVID-19 ALERT 3 things to do right now during a market downturn

Schedule a Phone Meeting Today

You often don't hear much about the markets when they\'re doing well.

Life goes on as normal, and you have a sense of security that your financial future is in good hands.

But when the market goes down, people tend to panic.

That\'s a natural reaction when you see your savings decline right in front of your eyes. You might start having second thoughts about how you could have allocated your money a little differently, but what can you actually do about it now?

In these extraordinary times, you don\'t have to go it alone. We\'re here for you, ready to answer your questions, offer a second opinion on your retirement income strategy or just listen to what\'s on your mind.

But what can you actually do about it now? First, take a deep breath.

You have resources in your corner to help you stabilize your retirement income avenues. No matter how much of your portfolio is tied to the market\'s performance, here are three things you should consider doing when the market is declining:

1. SCHEDULE A RISK EXPOSURE REVIEW

How much of your income can be affected by a market downturn? You might think you have a good idea, but do you honestly know? A Risk Exposure Review will tell you the truth and help give you clarity on whether now might be a good time to make some adjustments or to stay the course.

2. REQUEST A RETIREMENT INCOME ANALYSIS

This is nothing more than an analysis of the different sources of income you plan to use in retirement, which might include your 401(k), personal savings, Social Security or even a pension. With everything laid out on the table, this will help you think through strategic ways to make your money last as long as you live.

3. DEVELOP A HOLISTIC FINANCIAL PLAN

You deserve a great retirement, and we believe a great retirement starts with a plan. However, there\'s a big difference between having a financial portfolio and having a financial plan. Sit down with a financial advisor to develop a sound financial strategy that is designed to hold up - regardless of what happens in the markets.

COVID-19: BOOK A PHONE MEETING

Refer a Friend

  • This field is for validation purposes and should be left unchanged.

1127555

See what our clients are saying about us

Earl and Mary P.

“We had already retired, but needed a plan and a different way of investing. After out initial meeting and seeing how professional this group was, we felt we were working with honest people who had integrity and showed care about us as individuals. They helped show us a path to manage our estate. We are so grateful for their advice.”
“These testimonials were given by current clients of our firm. These testimonials are for illustrative purposes only and may not be representative of the experience of every client. Your results may vary.”

Johnnie A.

“When Brian Mirau and his Team at Mirau Capital say that they are "Dedicated to helping you build, protect and preserve your assets. I've been letting them do that for almost 20 years and have never regretted following their advice. I'm always impressed by their promptness, competence and caring; every client is an individual, not a number.”
“These testimonials were given by current clients of our firm. These testimonials are for illustrative purposes only and may not be representative of the experience of every client. Your results may vary.”

Tim G.

“Before I met the professionals at Mirau Capital I felt like retirement was out of reach. My financial accounts were scattered and I really didn’t have a solid plan in place for the long term. Working with this great group has changed that. I now can confidently say, I have a plan to retire someday! Having someone trustworthy who I can call upon with questions really means a lot to me, they always make time for me. God bless.”
“These testimonials were given by current clients of our firm. These testimonials are for illustrative purposes only and may not be representative of the experience of every client. Your results may vary.”

Larry M.

To the extent that there are so many choices to make in terms of a financial advisor, and to the extent that the proper choice is crucial, is to the extent that I feel you and your firm excel in this field, and as I mentioned prior. For the peace and security that your financial advice has provided me and my family, I sincerely want to express my gratitude. Thank you for all you have done for me, I have no doubt that you will guide me through these troubled economic times.
“These testimonials were given by current clients of our firm. These testimonials are for illustrative purposes only and may not be representative of the experience of every client. Your results may vary.”