Are there principal guarantees or a Stop Loss in place?
Base allocation of your assets on how much risk you are willing to take. What kind of investor are you: Moderate, Aggressive or Speculative, Conservative or Ultra Conservative?
Taking Way Too Much Risk
Ella and Michael are both age 66 and have been planning their retirement for the past 10 years. They were concerned about loss of their principal if the market went down. The Retirement Lab revealed 7 of their 13 mutual funds had lost over 35% in a single year in the past. The analysis also uncovered if the market dropped by 30% their account would have lost over 40%. They were told that their portfolio has a “moderate risk” when in fact they had an aggressive portfolio bordering on speculative. Our Retirement Lab saved them from losing any more money when the market dropped.
If you have questions, concerns, or need help making an informed decision about your future retirement income, ensuring your assets are protected and you never run out of money, we will be happy to review your options with you. Schedule a free, no obligation meeting with one of our financial advisors.