b'Financial FocusResilience Is Key toMeeting Financial GoalsI n just about any endeavor, youll benefit by showingGOAL: MAINTAINING STEADY CASH FLOW GOAL: HAVING CONFIDENCE INresilienceand thats certainly true when it comes toKeeping a steady cash flow is essential to meeting your dailyYOUR STRATEGYachieving your financial goals. and monthly expenses. So, its obviously important that youTo achieve your important financial goals, you need a You can demonstrate this resilience by answering thesemaintain sufficient earned income. But what happens if youstrategyand you need to believe in it strongly enough to questions: What is your specific goal? What obstacle do encounter a serious illness or injury that keeps you fromkeep following it during all types of stress on the financial you face in achieving this goal? How can you overcome work for an extended period? Depending on the lengthmarkets. Its not always easy to maintain this convictionthis obstacle? of time youre not working, you could feel a real financialless than half of Americans are confident in their abilities to pinch, so you may want to consider some type of disabilityrecover quickly from difficult financial situations, according Here are some examples of how this insurance. Your employer may offer a short-term policy asto a new survey from Edward Jones. One way to help gain resiliency process works:an employee benefit, but it might not be sufficient, so youthis confidence is by working with a financial advisor.may need to look at private coverage. GOAL: BUILDING SUFFICIENT In fact, 36 percent of those surveyed began working with a RETIREMENT FUNDS GOAL: KEEPING RETIREMENT financial advisor in 2020 for help navigating the past year. To build sufficient retirement income, you need to investACCOUNTS INTACTThe importance of receiving good advice became apparent in the financial markets through your 401(k), IRA andIdeally, youd like to leave your IRA, 401(k) and otherduring the COVID-19 pandemic, which brought about other accounts. But how should you respond when theseaccounts intact until you need to start tapping into thema variety of financial worries, such as job loss, retirement markets go through periods of volatility? Your best defensewhen you retire. But what if you face an unexpectedly largeconsiderations, caregiving for elderly parents or providing is to remain invested. If you were to jump out of the marketmedical bill or you need to replace your furnace or get afinancial support to adult children. every time it dropped, youd probably miss out on thenew car? If you dont have the money readily available, you rebounds that followed. Also, over a period of decades, themight be forced to dip into your IRA and 401(k), incurringYou will face some challenges on your journey toward effects of short-term market fluctuations tend to diminish,taxes and potential penalties and leaving yourself fewerachieving your financial objectives. But by being resilient, so while the results of any particular day or week may notresources for retirement. You can help avoid this setback byyou can stay on the right road.look good on your investment statement, the importance ofcreating an emergency fund containing three to six months these results may diminish in 10 or 20 years.worth of living expenses, with the money kept in a liquid, low-risk account. This article was written by Edward Jones for use by your local Edward Jones Financial Advisor. Edward Jones, Member SIPC. Edward Jones is a licensed insurance producer in all states and Washington, D.C., through Edward D. Jones & Co., L.P. and in California, New Mexico and Massachusetts through Edward Jones Insurance Agency of California, L.L.C.; Edward Jones Insurance Agency of New Mexico, L.L.C.; and Edward Jones Insurance Agency of Massachusetts, L.L.C.Sam Buchertedwardjones.comMember SIPCFinancial Advisor581 W Wickenburg Way Suite A Wickenburg, AZ 85390 IRT-1848F-A 928-684-707232 April 2021'