Hotcoldwetdry Is A Retirement Management Risk Or Something

Hmm, look, a new angle of attack from the Cult of Climastrology

Climate Change Is Emerging As A Mainstream Retirement Issue

You’d have to be Rip Van Winkle to be unaware of the suffering and costs from this summer’s heat waves, wildfires, and severe weather events. Fortunately, the financial and retirement industries are galvanizing to help address and mitigate the financial and health consequences for everybody—and seniors and retirees are particularly vulnerable.

Consider these conclusions from diverse and respected sources warning of the risk of climate change

“Climate Change and You” was the cover story of the June 2021 issue of the AARP Bulletin. It summarized the challenges that climate change poses for older Americans and shared tips for protecting their lives and finances. The Bulletin is read by more than 30 million people and is in the top two of readership in the U.S. along with its sister publication, AARP Magazine.

“Climate risk is investment risk” was a large heading in Larry Fink’s 2022 letter to CEOs of Blackrock clients. He is the CEO of Blackrock, the world’s largest investment management firm with more than $10 trillion in assets under management, including the nation’s largest 401(k) plans. His letter goes on to say that cities and countries that don’t plan for a carbon-free future risked being left behind.

And more. We can fix this with a tax, you know. And giving up your liberty, freedom, and life choices.

What can you do?

It might be natural to wonder what seniors and retirees can do about these disturbing conclusions. Well, there’s a lot you can do. You can investigate how to adapt your life to climate risks and severe weather events with respect to your home, community, transportation, nutrition, and buying habits. You can review your investments and financial resources to determine if you need to reposition your finances to be more resilient to climate change. And some of you might pursue activism to help your children and grandchildren inherit a better world.

Hmm, things people have always done? Because severe weather has always been around. But, yes, you do have to be concerned with your investments, because unhinged cult companies like Blackrock will screw around with investments, and the government is going to do things that mess them up, as well. Of course, the people running places like Blackrock, the unlected bureaucrats who create all these rules, and the lawmakers making the laws, are refusing to practice what they preach.

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