Retirement Investment Strategies

0 comments
Retirement Investment Strategies


2008

By Ric Dalberri, Founder of Retirement USA

Oh how often we daydream about our lazy days of retirement?

Do you picture yourself on a beautiful beach in a resort
setting or maybe in a big city environment? What- ever your retirement daydream
may be, you really need to ask yourself : how will you pay for your retirement
investment strategies to give you the income you desire?

In order to really live the dream of retirement, you need to
get real.

Math equals (=) numbers and numbers don’t lie. They just
tell the truth. Numbers don’t care who you are or where you want to go. They
have no personality but a lot of meaning. Numbers are there for everyone to put
to use in their retirement investment strategies.

First, how much do you need per year? Maybe your Social
Security and pension or IRA’s add up to $25,000 per year. You have to figure
all your expenses even if you plan to down size. There are probably ‘things’
you want to do that you haven’t done before. Maybe a trip to Europe or 2
cruises per year. You’ve had your eye on that ’62 Corvette you could never
afford. Add on a little extra for the unexpected. Let’s say $5K per year. So in
total, you will need an income of about $45,000 per year. If you minus your
guaranteed income of Social Security and pension (IRA), you will need an extra
$20,000 per year.

Holy extra income batman. So, Robin comes out of the bat
cave with retirement investment strategies.

Most retirees continue to work because of financial need and
to avoid boredom. If you don’t plan to work, retirement investment strategies
may include downsizing by selling your home and taking the surplus to invest
for a monthly income. Where will you invest those funds? Just like your life
before (retirement), life in retirement has no guarantees.

So, you must approach retirement investment strategies with
an open mind and stick with sound retirement investment strategies that will
benefit you.

Any investment counselor should be able to help you see the
importance of retirement investment strategies that fit your risk tolerance and
needs. Only use a financial specialist that has credentials, tax attorney or
CPA.

Once you start dipping into your retirement investment
strategies, keep a flexible attitude about spending so you may keep on track.



 

What’s important is that there are not retirement investment
strategies that are generic. In your tools, there will be a mix of index funds,
managed funds (actively) and funds that should be targeted for certain dates
and guaranteed principal funds. When you hear the word, funds, it simply means
your money deposited into a certain product that will fund or earn you income.

Your goals should include maximum wealth, high returns and
growth.

As you are approaching retirement, your retirement
investment strategies should take you out of risk investments and place you
into conservative and guaranteed investments with certain percentages of your
portfolio in each. Retirement investment strategies are based on a relationship
of risk and return. What are some retirement investment strategies?

* mutual funds

* stocks, also known as equities

* bonds: municipal, corporate, federal gov’t

* annuities

* c.d.’s

Each may have their own inner or sub investments. Due your
due

diligence. It’s retirement investment strategies for your
future and yours alone.