The hot, lazy days of summer are often a carefree time, but as we slowly recover from a global pandemic and a recent volatile stock market it is key to apply the appropriate SPF (Save, Protect, Fund) to protect yourself against harmful financial risk rays.

Save: Saving is key to achieving a stable financial future. It is never too early or too late to begin saving for retirement. When ready to start expanding your retirement savings ensure you work with a financial advisor to design a savings plan to weather through various financial risks.

Protect: Protect your future retirement finances through diversification of your portfolio with an annuity. It can provide protected growth and monthly lifetime income for a portion of your portfolio – to help cover expenses in retirement and ensure you have a stream of income throughout.

Fund: Make sure to create a retirement income plan that will adequately fund your future retirement income. Fidelity shares a retirement income plan should include guaranteed income, growth potential, and flexibility.

Working with a financial advisor (CAPTRUST, TIAA, and/or Fidelity) can help you find the best SPF strategy that will work for you to achieve the level of financial comfort and protection you need.