Black Swan Advice

Published: Oct. 24, 2020, 1:25 a.m.

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COVID-19 reminded us that life-changing \\u201cBlack Swan\\u201d events don\\u2019t just happen once in a century. They are an ongoing reality. 

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In the last twenty years, we have lived through 9/11, the global financial crisis, and now a global pandemic with the unintended consequence of rolling economic lockdowns. 

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On an investment level, all of these events have delivered a sharp hit to financial markets from which they have recovered. Such is the resilience and strength of the U.S. capital markets and the underlying economy. 

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But on a personal finance level, the impact of these events can be much more damaging and long-lasting, particularly for individuals nearing retirement or in it, 

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which is why we asked this week\\u2019s guest to join us. Clients in those vulnerable years are his focus. 

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Our guest this week is Mark Cortazzo, a certified financial planner, Founder, and Senior Partner of MACRO Consulting Group an independent wealth management firm.

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We asked Cortazzo to walk us through the conversations he has been having with clients about preparing for these \\u201cBlack Swan\\u201d events. 

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WEALTHTRACK #1717 broadcast on October 23, 2020

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More info at: https://wealthtrack.com/financial-survival-through-an-unforeseen-crisis-with-top-financial-planner-mark-cortazzo/

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