While I do believe our economy will be affected by this global scare, I do not believe it will be nearly as dramatic as it has been up to this point. Most market indicators are positive.
You know how important it is to plan for your retirement, but where do you begin? Your specific needs depend on your goals and many other factors.
In some ways, modern investment planning exhibits a streetlight effect – a small focus instead of a long and flexible one. Most instructional material focuses on identifying principal risk, but what if we were to focus on income?
A good place to start would be to understand what your investments “need” to do in your retirement portfolio, and in light of your “need,” what investments have the best chances of creating your successful future.
How is planning a successful retirement like playing a game of chess? Let’s break down
some of the pieces on the chess board…
Retirement can be a very scary time in someone’s life especially if they are not sure if they have enough to last throughout retirement.