During the last financial crisis ( 2008 ), I lost nearly $15,000 from my 401k account. Well, Bailouts helped stock market to recover from its lows of March 2009 to historic high levels ever. Well, There is a bubble formed in the economy and this bubble is sure to burst. It is not a question of if but just a question of when.

I have learnt a lot from the last financial crisis. If I had known then what I know now, I would have easily avoided the loss of money from my 401k during the crash of 2008. Well, One thing we all know that if there is a stock market crash again, there are not going to be any bailouts.  While I have put forth concrete solutions to revive the economy from its crisis, I believe that we should be smart enough to take precautionary measures to avoid loss of money from our retirement savings account.

I had warned about it back in my blog FINANCIAL PLANNING 101 – MICROECONOMICS OF PERSONAL AND FAMILY ECONOMY FOR 2014 AND BEYOND!!!

Well, If you follow the news, although the world stock markets are at historic highs, many economists do believe that we are due for a massive correction. I agree with them. I would recommend you download and read the following book by Patrick Kelly – The-retirement-miracle book by Patrick Kelly

If you do not have time to read the entire book, please do read Page 98 of this National Best Seller. I have invested my retirement savings based on these plans and they are backed by $500 billion Insurance Giant like Aegon. Hence, I would recommend you to take precautionary steps to protect money in your 401 k plans, plan for a good retirement for you and your family and also learn about the option of getting a Tax Free Retirement. Whether or not the macroeconomic policies change for good ( which  I believe they have to ), it makes sense to atleast take care of your own retirement account.

If you have any questions, please do not hesitate to write to me at contact@apekmulay.com or call me with your specific question +1-657-235-7333 after 7 PM CST. I would be glad to guide you. In fact, I can answer a few of your questions this weekend at one of my book signing events at Half Price Books on Northwest Hwy. The event is from 1 PM to 3 PM at 5803 NorthWest Hwy, Dallas, TX 75231

Radio Karishma is a local Radio station in Dallas that caters to Indian American Community in Dallas,TX. They will be providing some media coverage for this event. I look forward to see a good turnout and answer your questions about the state of US Economy as well.