How to Invest Your Portfolio to Maximize Retirement Success скачать в хорошем качестве

How to Invest Your Portfolio to Maximize Retirement Success

As retirees embark on their post-career life, a crucial decision is how to allocate their investment portfolio. Many set their allocation initially and never revisit it, risking long-term financial security. Through Eduardo and Anna’s story, I explore why continuous portfolio adjustments are essential for a secure retirement. Eduardo, 65, and Anna, 64, planned to retire in 2022. A heavy investment in tech stocks caused a 25% portfolio loss, delaying their retirement. By the end of 2023, after a market rebound, they sought professional guidance. They had substantial savings: Eduardo’s 401(k) had $825,000, Anna’s IRA over $1 million, and their joint investment account was $616,000. With a paid-off home valued at $1.1 million, they were in a strong position. Their monthly expenses were $6,600, excluding healthcare and occasional large purchases like a new vehicle every five years. Eduardo and Anna planned for healthcare costs, new vehicles, and inflation. Eduardo would claim Social Security at 70 to maximize benefits, and Anna had a $600 monthly pension and also planned to claim Social Security at 70. This strategy aimed to maximize their secure income and reduce reliance on their investment portfolio during market fluctuations. Their total portfolio was $2.45 million, with $615,000 in their primary withdrawal account. We allocated $490,000 in conservative investments to cover five years of expenses, considering dividends and interest income. Balancing risk and growth, 70% of their primary account went into bonds and 30% into stocks, ensuring stability and allowing for growth. As they aged and Social Security kicked in, their income sources diversified, reducing reliance on investments. For example, by age 70, their portfolio could grow to around $3 million, assuming a 6% return rate. Regular reviews and adjustments kept their portfolio aligned with their financial plan, providing stability and peace of mind. Eduardo and Anna’s story highlights the importance of a dynamic investment strategy in retirement. Continuous portfolio management transforms retirement from financial uncertainty to stability and enjoyment, allowing retirees to focus on what truly matters – time with loved ones and pursuing their passions. ======================= Learn the tips & strategies to get the most out of life with your money. Get started today → https://www.rootfinancialpartners.com/ Get access to the retirement software I use in this video and more → https://retirement-planning-academy.m... 🔔 Make sure to subscribe here to be notified for future videos!    / @rootfp   _ _ 👥 Make sure to connect with us on all socials below → https://beacons.ai/rootfinancialpartners ⏱Timestamps:⏱ 0:00 - Meet Eduardo and Anna 2:10 - Retirement goals 3:40 - Retirement income 5:42 - Expenses in retirement 8:11 - Protecting against a downturn 13:33 - Risk capacity 15:32 - Annual adjustments 20:30 - The end result Other videos we think you'll like: About Root:    • Financial advisors with heart.   Worried about retirement? Start here:    • Worried About Retirement..Start With a Bla...   -- Advisory services are offered through Root Financial Partners, LLC, an SEC-registered investment adviser. This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Viewing this content does not create an advisory relationship. We do not provide tax preparation or legal services. Always consult an investment, tax or legal professional regarding your specific situation. The strategies, case studies, and examples discussed may not be suitable for everyone. They are hypothetical and for illustrative and educational purposes only. They do not reflect actual client results and are not guarantees of future performance. All investments involve risk, including the potential loss of principal. Comments reflect the views of individual users and do not necessarily represent the views of Root Financial. They are not verified, may not be accurate, and should not be considered testimonials or endorsements. Participation in the Retirement Planning Academy or Early Retirement Academy does not create an advisory relationship with Root Financial. These programs are educational in nature and are not a substitute for personalized financial advice. Advisory services are offered only under a written agreement with Root Financial.