Does Your Investment Portfolio Match Your Goals for Retirement?

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The majority of retirement portfolios are created with your specific risk tolerance, time horizon, and investment goals in mind.

With these criteria and calculations aimed at optimizing their portfolio, most investors feel secure in owning a well-diversified portfolio that will help them achieve their long-term financial goals.¹

However, as you build your portfolio, it is important to consider your intended retirement lifestyle.

Starting a Business

Many people contemplate using their retirement funds to start a business, but this can be a very risky plan. If you choose to do this, you might want to help compensate for the potential risk you could incur by reducing the overall risk level of your investment portfolio.

You might also want to consider creating a retirement portfolio with an income orientation in order to provide you with income until your new business turns a profit. This will help serve as a buffer during the early stages when your business may not generate income immediately.

Extended Travel

There are numerous reasons to use a professional financial adviser for your retirement. A lot of people choose to travel for extended periods of time during their retirement. If you are planning extended travel, it may be beneficial to consider using a professional financial adviser for your retirement savings. Extended travel may keep you disconnected from current events, so enlisting the help of a professional might be the best course of action.²

Retirement Income

Your retirement income strategy could potentially be impacted by market volatility. A major cause of failed income approaches is excessively draining savings when the value of your portfolio is falling. There are strategies and products that can help protect you from this – if you have questions regarding how to implement these strategies in your investment portfolio, please contact one of our talented financial advisors. We would be happy to discuss this in more detail.

This content is for informational and educational purposes only. They are not individualized investment, legal, or tax advice, and do not represent an offer to buy or sell any security. All investing involves risk, including possible loss of principal, and past performance is not a guarantee of future results. The views expressed are those of the hosts and may change without notice. Glen Smith and Robert Casey are investment adviser representatives of GDS Wealth Management, LLC, a registered investment adviser. Registration does not imply any specific level of skill or training. Visit https://www.gdswealth.com for information on our services, fees, and disclosures. References to mutual funds, ETFs, stocks, or other securities are for illustration only and should not be considered recommendations. ETF and mutual fund structures vary and may distribute capital gains; investors may still owe taxes. Tax-loss harvesting and wash-sale rules are complex—consult a qualified tax professional for guidance on your situation. Any case studies or client scenarios are hypothetical or for illustration only and do not guarantee future results; individual circumstances vary. Mentions of third-party speakers, companies, or products are not endorsements, and no compensation is received/paid unless expressly stated. Portfolio allocations or models discussed are examples only and may not be appropriate for all investors. References to asset class “historical performance” may reflect broad indexes, which are unmanaged and not directly investable. Discussion of multiple advisers highlights coordination and tax considerations; it is not a recommendation to hire or dismiss any adviser. This content may include references or links to third-party resources, and GDS Wealth Management is not responsible for the accuracy or completeness of third-party information.