You need an investment strategy built around managing risk, not just chasing returns.
Let’s look at the math of the problem. If you have a $1,000,000 and the market drops 20% the year after you retire, you do not just lose $200,000. If you are also pulling out $50,000 a year to live on, your portfolio is being hit from both sides at the same time.
This is called sequence of returns risk. It is one of the most serious threats to a comfortable retirement, and almost nobody talks about it until it is too late. When you are relying on your portfolio for income, you cannot afford to just ride out major market drops the way you did in your thirties.
Our investment management philosophy is directly tied to your financial plan. We do not use a template. We look at when you will need your money and structure your investments accordingly. We aim to keep the money you need for near term living expenses out of the volatile parts of the market, while keeping your long term assets positioned for growth to combat inflation.
Every investment decision we make is designed to support your income needs and respect your tolerance for risk.
Investing involves risk, including the potential loss of principal. Results vary by individual.