De-Risking Your Investment Portfolio as You Approach Retirement

Secure Your Retirement

In this episode of the Secure Your Retirement Podcast, Radon and Murs discuss the crucial topic of de-risking your investment portfolio as you approach retirement. As you get closer to this significant life milestone, the question of whether to become more conservative with your investments becomes more pressing. Radon, Murs, and guest certified financial planner Nick Hymanson explore various strategies to manage and reduce risk, emphasizing the importance of a personalized approach to retirement planning.

Listen in to learn about different types of risks that can affect your retirement, including market risk, sequence of returns risk, and longevity risk. The hosts also delve into practical steps you can take to protect your retirement income and ensure your investments are aligned with your goals as you transition from working life to retirement. With real-life client stories, this episode provides valuable insights on how to safeguard your financial future.

In this episode, find out:

· The importance of understanding and managing market risk as you approach retirement.

· How to protect your retirement income through strategic investment planning.

· The benefits of diversifying your investment strategies, including the use of structured notes and fixed income.

· Why having a personalized de-risking plan is crucial for your financial peace of mind.

· Common pitfalls to avoid when de-risking your portfolio, especially in times of market volatility.

Tweetable Quotes:

· "De-risking your portfolio is not about eliminating risk completely; it's about finding the right balance that aligns with your retirement goals." — Radon Stancil

· "A well-constructed retirement plan can help you navigate market risk, inflation, and longevity with greater confidence." — Murs Tariq

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.