At The Summit, we understand that successful investing is about more than just returns—it’s about aligning your financial goals with a well-structured investment strategy while managing risk effectively.
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Protecting Your Future: Risk Management in Your Retirement Savings Plan
Every investment, no matter how conservative, carries some level of risk. Understanding these risks is essential for making informed decisions about your retirement savings strategy. Our financial professionals are here to guide you through your unique needs and preferences while helping you determine your personal risk tolerance.
Market Risk
The potential for your investment to lose value due to declining prices driven by external factors such as economic conditions, political events, or natural disasters. While stocks are typically more vulnerable to market risk, bonds and other assets can also be affected.
Interest Rate Risk
The risk that your investment’s value may decrease as interest rates rise. This risk is primarily associated with bonds, which generally lose value when interest rates go up. Stocks can also react to fluctuations in interest rates.
Liquidity Risk
This refers to the possibility that you may not be able to quickly sell or cash in your investment when you need access to funds.
Inflation Risk
The risk that your investments may not keep pace with inflation or the rising cost of living. Investing too conservatively can jeopardize your investment’s purchasing power over time.
Start Your Investment Journey Today
At The Summit, we are committed to helping you achieve financial success through smart investment strategies and robust risk management. Contact us today to schedule a consultation and take the first step toward a more secure financial future.
Contact The Summit Retirement & Investment Services
We’re here to help – please fill out the form with the best way to reach you; or if you prefer, contact us by phone at (585) 453-7230.
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. The Summit Federal Credit Union and The Summit Retirement and Investment Services are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using The Summit Retirement and Investment Services, and may also be employees of The Summit Federal Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, The Summit Federal Credit Union or The Summit Retirement and Investment Services. Securities and insurance offered through LPL or its affiliates are:
Not Insured by NCUA or Any Other Government Agency | Not Credit Union Guaranteed | Not Credit Union Deposits or Obligations | May Lose Value
Your Credit Union (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for advisory services. Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information. LPL Financial Form CRS
The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.