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Tag: Financial Planning

How to Take a Loss — And What to Do Next

Have you ever been on a financial rollercoaster?

Maybe you jumped into Bitcoin, the stock market, or took a “can’t-miss” tip from a friend… only to watch your account dip—and then dip lower—and found yourself wondering:
“How am I supposed to make that back?”

You’re not alone. And I’m not here to scare you.

I’m here to offer wisdom—because once you’re over 50, the math changes.


📉 The Truth About Losses After 50

Here’s a fact many advisors won’t say out loud:
When you lose 30%, you actually need over 43% in gains just to get back to even.

That’s not fear—it’s math.
And when you’re in your 50s, 60s, or even late 40s, you don’t always have the same time, flexibility, or energy to wait for the markets to “recover.”

If you’re younger?
Take the risks. Play a little. Learn. Explore.

But if you’re in the second half of your life, it’s time to protect the legacy you’ve worked so hard to build.

You don’t need to shrink or settle—you just need to move your money into smarter spaces.

Here’s the good news:
There are powerful financial tools—like Indexed Strategies and IULs—that allow your money to grow with the market… but never lose when the market drops.

Yes, you read that right:
Upside potential, zero downside risk.

And yet, many people never hear about them. Why?
Because some advisors don’t recommend them—not because they’re bad—but because they don’t earn as much from them.

Ouch. But it’s true.

I’m Linda Chevrier, Regional VP with Five Rings Financial and the founder of Femmillionaire—a movement and business built to help women (and the people they love) align their money with their values.

I don’t sell fear.
I offer clarity, confidence, and options.

If your portfolio has taken a hit…
If you’re quietly stressed about retirement…
If you just want a second opinion from someone who leads with heart…

Contact me & let’s talk about it.

No pressure.
No jargon.
Just wisdom, strategy—and maybe a little tea.

Because money is sacred.
And so is your peace.

Old Money vs. New Money

We’ve all heard the phrases “Old Money” and “New Money.” Maybe you’ve even used them yourself. But what do they actually mean? More importantly, how do they impact the way we build, grow, and keep our wealth?

Let’s break it down.

New Money: Fast, Flashy, and Often Fleeting

New Money is exciting. It’s the self-made success story, the rapid rise, the “I never had this before, so I’m going to enjoy it” mindset. Think luxury cars, extravagant vacations, designer everything. It’s wealth that’s loud, and it’s often about status, success, and proving you’ve arrived.

But here’s the problem: New Money doesn’t always think ahead. When financial success happens fast, it’s easy to spend just as fast. If wealth isn’t protected, invested, and grown intentionally, it can disappear just as quickly as it came.

Old Money: Long-Term, Strategic, and Built to Last

Old Money operates differently. It’s about stability, longevity, and quiet confidence. Instead of focusing on spending, Old Money focuses on preserving and growing wealth across generations.

Here’s what sets Old Money apart:
Investments over impulse buys – Instead of upgrading their car every year, they upgrade their portfolio.
Assets over appearances – They don’t need to prove their wealth because they own the real estate, businesses, and investments that make money work for them.
Long-term vision – Wealth isn’t just about today; it’s about creating security for the future.

The Turning Point: Deciding to Build Generational Wealth

At some point, every Old Money family was once New Money. Wealth isn’t inherited forever unless someone makes the choice to preserve, grow, and pass it down.

That’s why the most powerful mindset shift isn’t just making money—it’s learning how to keep it, multiply it, and create financial independence that lasts.

“Old Money Starts Somewhere… And It Starts With Me.”

Maybe you didn’t grow up with financial security. Maybe no one taught you about investing, wealth-building, or protecting your assets. But that doesn’t mean you can’t be the one to change the story.

Old Money has to start somewhere. It starts with the person who decides:
I will build wealth that lasts.
I will learn to invest, not just spend.
I will create financial security for myself and my family.

That person can be you.

💡 Ready to Take the First Step?

Building wealth isn’t about luck—it’s about strategy, intention, and the right financial tools. If you’re ready to start thinking like Old Money and making your money work for you, check out the video below.

Financial Calculators for Wealth Planning

Financial Calculators

Linda Chevrier is a Licensed Life Insurance Agent in New Braunfels, Texas, dedicated to helping women and families take control of their financial futures. Among the many financial products she represents, National Life products stand out as some of the very best available—offering protection, growth, and financial security for every stage of life.

To help you get started on your wealth-building journey, here are some powerful financial calculators from the National Life website that can provide insights and clarity as you plan for your future:

Life Insurance Needs

Most of us give little thought to life expectancy and think of life insurance as a way to provide for our families if we die prematurely.

Life Insurance calculator  Opens in new Tab

Time Value of Money

We all know that money and time are inextricably interwoven. If you take a little money and a lot of time, you can grow that little into a significant sum using the power of compound interest.

Retirement Planning

Our retirement planning calculators can help you test your assumptions about the future.

College Funding

Interest working for you now in a regular savings program is much better than having interest work against you in the future in the form of education loans.

Personal Finances

Make your money work for you. Use these calculators to examine your financial position and show you the big picture throughout your working life.

Investment and Saving

After Helping Hundreds of Clients with Their Finances, I Realized Almost All of Them Get This One Thing Wrong About Money

Managing finances can be overwhelming, and many of us think we have it all figured out. After assisting hundreds of clients with their finances, I’ve seen a recurring issue that seems to trip up even the most well-intentioned individuals. It’s not about having too little money or making poor investments—it’s about how we perceive and approach our financial decisions.

The common mistake I’ve identified is this: Most people focus too much on immediate financial goals and not enough on long-term strategies.

It’s easy to get caught up in the excitement of planning for the next vacation, buying a new car, or managing monthly expenses. But true financial stability and wealth-building come from a broader, long-term perspective.

Here’s why this shift in thinking is crucial:

  1. Short-Term Focus Limits Growth: When we focus only on short-term goals, we often miss opportunities to invest in our future. While saving for a vacation is great, it’s equally important to allocate funds for retirement accounts, investments, and long-term savings.
  2. Lack of Planning Can Lead to Financial Strain: Without a comprehensive plan, unexpected expenses can derail our financial stability. By prioritizing long-term planning, we build a safety net that protects us against financial stress and helps us achieve our larger goals.
  3. Investing in the Future Pays Off: Compounding interest and long-term investments offer the greatest returns over time. By planning for the long haul, we harness the power of time to grow our wealth significantly.

To shift your financial focus, start by setting both short-term and long-term goals. Create a balanced budget that includes savings for retirement, investments, and emergency funds. Seek professional guidance if needed to ensure you’re on the right track.

Remember, financial success isn’t just about managing today’s money—it’s about preparing for tomorrow’s opportunities. If you want to learn more about how to create a solid financial plan, or if you need help reevaluating your strategy, I’m here to assist. Let’s make sure you’re not just managing money, but building wealth for the future.

Make every cent count toward your future success!

Feel free to reach out or join me at one of our upcoming events to start taking control of your financial destiny.

 

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