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Investment Planning

There are many reasons why some people never achieve the financial independence that they desire.  Either they do not have the time, expertise, or desire to assemble and manage a well-diversified investment portfolio or they just never get around to simply taking the first step – getting started.

The truth is, there is nothing complicated about general investing methodologies, and it typically doesn’t take much time to understand the basics. One of the biggest risks many people face is not educating themselves about which investments may be able to help them reach their financial goals and how to approach the investing process.

Whether you need a financial professional depends on your own comfort level.  If you have the time and energy to educate yourself, you may not feel you need assistance.  However, do not underestimate the value of the experience and knowledge that a financial professional can provide.

In structuring an investment plan that is right for you, it is important to understand what you want your investments to accomplish, define how to reach those goals and evaluate different types of investment vehicles to determine which ones will be most appropriate in helping you to pursue your investment objectives.

Because managing a portfolio requires a significant amount of time and investment knowledge, it may be wise to engage an experienced financial professional who can work closely with you.

Our advisors at Life Certain Wealth Strategies have more than 67 years of combined experience in helping people invest for retirement. We begin with a thorough understanding of your goals and investment objectives. The next step is an analysis of your risk tolerance. Once we establish the desired risk profile we create an investment policy statement.  This document guides us in developing and managing an appropriate investment portfolio. 

The Investment Policy Statement forces you to put your investment strategy in writing and commit to a disciplined investment plan. It's both a blueprint and a report card. It is a statement that defines general investment goals and objectives. It describes the strategies that will be used to meet these objectives and contains specific information on subjects such as asset allocation, risk tolerance, and liquidity requirements

From our experience we know that retirees are often concerned with two things: safety and income. If you're like many retirees you're concerned with getting income and making your savings last.

Many people put a significant amount of time, effort and money into creating and nurturing a portfolio that will make retirement possible, few give much thought to how they will tap into their investments once retirement arrives. It's an issue worth considering, because just when you are ready to step back from the daily grind and relax, your portfolio needs to go to work

If you are within five years of retirement or already retired, reach out to the advisors at Life Certain Wealth Strategies for a complimentary consultation and learn how we may be able to help you.