Most people enter retirement with a collection of investment accounts but no real plan. In this episode, we break down why your investment allocation sets the tone for every decision that follows, from income and taxes to long-term care and legacy planning.
Specifically, we are going to discuss:
- An introduction to the 5 steps in the Fundamental Retirement plan
- Why the crucial first step is Investment allocation
- Understanding if you are being properly compensated for the risk you are taking
- How lack of diversification means you are leaving a lot of quality business on the table,
- Key metrics we review as we diagnose your existing portfolio.
- How decisions you make in your investment allocation cascade into all other areas of your retirement plan.
Lastly, I will finish up with some action items to help address some potential shortfalls in your current plan.
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