It’s the End of the World as We Know It, and Why to Feel Fine

Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

"It's the End of the World as We Know It (And I Feel Fine)" is a 1987 song by American rock band R.E.M.. The title may sound pessimistic or perhaps a bit delusional. Yet, hear Kevin make the analogy as to why this song -- one of his favorites -- is a perfect theme song for capitalism, creative destruction, and rational optimism about innovation and future stock returns. Here's a little of what you'll learn on this episode:

• Why bad news in the headlines is nothing new. (1:39)
• What a consumer sentiment survey tells us. (4:12)
• Why it might actually be a good time to invest when you feel very pessimistic. (10:08)
• A book that still sticks with Kevin a decade later and the lessons learned. (13:44)
• What is creative destruction and how does it apply here? (17:23)

HAVE QUESTIONS? Need help making sure your investments and retirement plan are on track? Click to schedule a free 15-minute call with one of True Wealth’s credentialed and experienced professionals or visit http://bit.ly/calltruewealth. Or listen to episode 45 to learn about True Wealth’s Retire Smarter Solution™ that aligns your money to your goals, overlaid with tax-smart strategies, so you can retire with confidence.