By Corona Borealis Studio @

How are you holding up? Other than the fact that today feels like yesterday, you’re telling me you’re OK. If you had a well-diversified, balanced investment plan—your retirement plan is still intact.

Retirement planning isn’t fun. It’s not supposed to be fun. But, putting the fun aside, aren’t you glad you spent time thinking about your retirement many years ago? Whether through our conversations or Richard C. Young’s Intelligence Report, you began understanding the importance of a well thought out strategy.

Based on the performance numbers for balanced portfolios, you’ve been able to weather the storm (so far!) quite well. No one said it’s going to be easy. It’s a lot like trying not to touch your face with your hands. It takes discipline and patience. It all sounds so simple.

Remember, you need to make sure your portfolio is constructed in a way where you can sleep well at night. How do you do this? Think about how you’re handling these tough markets. Lock it in your brain how you’re feeling. Then, after you make it to calmer waters, adjust accordingly.

A simple, back of napkin approach to portfolio balance is to put your age as a percentage of your portfolio in bonds. But, that’s too conservative for the big shots, right? Believe me when I tell you that today, those guys are dreaming of the return of their assets far more than the return on them.

Because it’s times like these that you and whomever you’re self-quarantined with are happy you had a plan well before this virus hit.

Read my entire series, Coronavirus Infects Stock Market here.

Originally posted on Your Survival Guy.