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September 20, 2016 A message from Summit Financial Advisors Since the financial crisis of 2008 we’ve seen year after year of steady market recovery, and 2014 delivered more records for equity returns. Many people have scored attractive investment gains as a result. But when it comes to the stock market, it’s wise to remember that the momentum of the game can turn around and a bear can quickly replace the bull on the field. So, what would a major drop in the stock market do to your retirement game plan? For some, the answer is to stay on the sidelines and seek shelter from the inevitable market volatility in certificates of deposit (CDs) and money market accounts. Unfortunately, these accounts continue to set records of their own – historically low returns that often don’t keep up with inflation. Reach for the goal. There are new annuity products that allow you to set a personal investment goal – a “comfort zone” of market growth potential and downside protection. And there are also options available to convert investment dollars into a guaranteed stream of retirement income you can’t outlive. Isn’t it time to help defend your retirement savings against a possible market downturn and reach for your goal? By setting a zone to help protect gains and limit downside risk, these new products could be your winning strategy. For more information about these new retirement planning options, contact a Summit Financial Advisor located at Summit Credit Union, phone number 608.243.5000,Ext.4012 or 800.236.5560,Ext. 4012 or visit us at  All guarantees are based on the claims-paying ability of the issuer and do not extend to the performance of underlying accounts which can fluctuate with changes in market conditions. Investment and insurance products are not federally insured, may involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. There are distinct difference between annuities and certificates of deposit (CDs).  Most CDs are considered a short term investment.  An annuity is a long term investment.  The investment in a CD is insured by the federal government either through FDIC or NCUA.  The investment in an annuity is guaranteed by an insurance company.  Like CDs, annuities have a penalty for early surrender and withdrawals taken before the age of 59 ½ from an annuity may be subject to a 10% federal tax penalty.  Annuities are issued by MEMBERS Life Insurance Company. You might also be interested in A review of Q1 2022, Presented by . A review of Q4 2021, Presented by . Have you considered investing? If you're already really good at saving, the next smart step is to put your money somewhere it can really grow. Yep, that means investing. Getting your portfolio on. With Summit Financial Advisors ready to help, you've got this. Planning for marriage should involve more than just picking out invitations and deciding whether you should serve chicken or fish at the reception. More importantly, you'll want to take a look at how marriage will impact your financial situation. Are you marrying soon? Have you recently married? As you begin your life together, it is important for you to start planning your financial future together and putting your finances on the same page. Here are some priorities you might want to write down on your financial to-do list. There’s no time like the present to start financial planning for your future. Give yourself peace of mind with these financing tips for saving and investing and learn how to start saving money now. A message from Summit Financial Advisors Since the financial crisis of 2008 we’ve seen year after year of steady market recovery, and 2014 delivered more records for equity returns. Many people have scored attractive investment gains as a result. But when it comes to the stock market, it’s wise to remember that the momentum of the game can turn around and a bear can quickly replace the bull on the field. So, what would a major drop in the stock market do to your retirement game plan? 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