Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.
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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.
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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.
“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.
Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”
Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.
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<p>Have you been searching for complete insurance plans that secures what means most? Search no more than <strong>Pacific Insurance, Inc.</strong>, West Jordan's leading insurance agency helping individuals, families, and enterprises all over Salt Lake County.</p>
<h2>Community Knowledge with Custom Solutions</h2>
<p>In today's fast-paced world, discovering the right insurance protection should not be a challenge. At <strong>Pacific Insurance, Inc.</strong>, we focus on making easier the experience while maximizing your security. Located ideally at <strong>8819 S Redwood Rd B, West Jordan, UT 84088</strong>, our family-owned agency has created a sterling reputation by delivering personalized insurance packages that meet your unique needs.</p>
<h3>What Distinguishes <strong>Pacific Insurance</strong> Apart</h3>
<ul>
<li><strong>Utah-Focused Coverage</strong>: Our deep knowledge of West Jordan's unique insurance requirements—from winter driving hazards to home protection in our growing community—ensures you're adequately protected for local perils.</li>
<li><strong>One-on-One Consultation</strong>: Bid farewell to generic online forms and computerized phone systems. Our devoted agents engage directly with you to create policies aligned with your needs and budget constraints.</li>
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<li><strong>Industry-Leading Partners</strong>: We collaborate with respected carriers including Allstate, Progressive, and State Farm to offer affordable rates without sacrificing premium coverage.</li>
</ul>
<h2>Complete Insurance Offerings</h2>
<h3>Auto Insurance Options</h3>
<p>Protecting your vehicle with the appropriate coverage is essential in Utah's changing driving conditions. Our auto insurance policies include:</p>
<ul>
<li>Comprehensive liability, collision, and total protection plans</li>
<li>Tailored coverage for teen drivers and new licensees</li>
<li>Rideshare vehicle protection for Uber and gig drivers</li>
<li>Classic and collector car specialized policies</li>
<li>SR-22 filing support when needed</li>
</ul>
<h3>Home and Property Protection</h3>
<p>Your home is probably your most valuable investment. We offer robust protection through:</p>
<ul>
<li>Homeowners insurance with guaranteed replacement cost options</li>
<li>Renters coverage that protects your belongings</li>
<li>Dedicated Utah flood and earthquake coverage</li>
<li>Vacation home and rental property insurance</li>
<li>Personalized policies for high-value homes</li>
</ul>
<h3>Business Insurance Tailored for Utah Business Owners</h3>
<p>Starting with startup companies to established companies, our business insurance plans provide comprehensive protection:</p>
<ul>
<li>General liability and professional liability coverage</li>
<li>Commercial auto and transportation protection</li>
<li>Workers' compensation solutions</li>
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</ul>
<h3>Life Insurance and Financial Management</h3>
<p>Protect your family's tomorrow with our individualized life insurance solutions:</p>
<ul>
<li>Term life policies with adaptable coverage periods</li>
<li>Whole life insurance with cash value accumulation</li>
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<li>Retirement planning assistance</li>
<li>Investment planning consultation</li>
</ul>
<h2>Serving West Jordan and Salt Lake County</h2>
<p>Our convenient location near Jordan Landing Shopping Center makes it easy to drop in and talk about your insurance needs in person:</p>
<p><strong>Address:</strong> 8819 S Redwood Rd B, West Jordan, UT 84088</p>
<p><strong>Business Hours:</strong></p>
<ul>
<li>Monday-Friday: 9:00 AM – 6:00 PM</li>
<li>Saturday: By appointment only</li>
</ul>
<p><strong>Contact Information:</strong></p>
<ul>
<li>Phone: +1 801-561-5550</li>
</ul>
<h2>What Our Customers Think About <strong>Pacific Insurance</strong></h2>
<blockquote>
<p>"After searching for affordable auto insurance in West Jordan for quite a while, I at last found <strong>Pacific Insurance</strong>. Their team helped me save me hundreds on my policy while detailing every detail of my coverage. They found discounts I didn't even realize existed!" – <strong>Sarah T., West Jordan</strong></p>
</blockquote>
<blockquote>
<p>"Working as a small business owner in Utah, locating the correct insurance coverage was overwhelming until I met with <strong>Pacific Insurance</strong>. They developed a tailored plan that safeguarded my business without exceeding my budget. Finally, an agency that regards you like family rather than just another policy number." – <strong>Mike R., South Jordan</strong></p>
</blockquote>
<blockquote>
<p>"When we bought our first home in West Jordan, <strong>Pacific Insurance</strong> assisted us through the whole insurance process. Their knowledge of Salt Lake County's unique needs made all the difference." – <strong>James and Lisa D., West Jordan</strong></p>
<h2>Why Local Insurance Is Valuable</h2>
<p>Contrary to impersonal national chains or online-only companies, <strong>Pacific Insurance, Inc.</strong> provides advantages that provide a real difference when you want support most:</p>
<ul>
<li><strong>Faster Claims Processing</strong>: When misfortune happens, work with an agent who knows you personally</li>
<li><strong>Customized Risk Assessment</strong>: Receive coverage exactly created for West Jordan's distinct environmental and property elements</li>
<li><strong>Community Understanding</strong>: Gain from our knowledge of local guidelines, building codes, and regional dangers</li>
<li><strong>Supporting the Local Economy</strong>: When you choose <strong>Pacific Insurance</strong>, you're engaging in West Jordan's economic growth</li>
</ul>
<h2>Insurance Guidance for Utah Locals</h2>
<p>Keep informed about insurance matters influencing our community:</p>
<ul>
<li><strong>Utah Winter Driving Safety</strong>: Getting ready your vehicle and updating coverage for winter conditions</li>
<li><strong>Home Insurance Updates</strong>: How West Jordan's property worth impact your coverage needs</li>
<li><strong>Business Risk Management</strong>: Necessary coverage for Utah's growing entrepreneurial environment</li>
<li><strong>Life Insurance Planning</strong>: Creating financial stability for families in Salt Lake County</li>
</ul>
<h2>Connect with <strong>Pacific Insurance</strong> Now</h2>
<p>When you're reviewing existing policies or buying insurance for the first time, our experienced team is ready to help you navigate your options. Visit our office near Veterans Memorial Park, phone us at <strong>+1 801-561-5550</strong>, or browse our website to book a free consultation.</p>
<p>Find out why so many of your fellow residents rely on <strong>Pacific Insurance, Inc.</strong> as their insurance partner in West Jordan and throughout Salt Lake County.</p>
<hr />
<p><em>Pacific Insurance, Inc. is a certified insurance agency in the state of Utah. Coverage choices change by carrier and individual situations. Please reach out to our office for individualized quotes and policy information.</em></p>
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