Outliving your money
For many people, the greatest threat to a secure retirement is longevity. A 30-year retirement needs investments that keep growing.
Investment management
Investment Management Built Around Your Retirement Income
In retirement, investing has a new job: paying you. Paul manages portfolios for people approaching and in retirement with one goal in mind, steady income that keeps up with inflation for as long as you need it.
How is investing different in retirement?
In retirement, you're withdrawing from your investments instead of adding to them, so the order of returns matters as much as the average. A large loss early in retirement, while you're making withdrawals, can permanently shrink what your savings can support. Retirement investing balances growth, to keep up with inflation over a long retirement, with stability for the money you'll need soon.
The two risks every retiree faces
A bad market at the wrong time
Markets rise and fall. Exposing all your savings to that every year, just as you start withdrawals, is a risk most people want to avoid.
Good retirement investing manages both.
Paul's approach
Start with the plan
Your income needs, timeline, and other income sources set the investment strategy, not the other way around.
Match money to when you'll need it
Funds for the next few years are kept steadier, and money for later years is invested for long-term growth.
Keep risk at a level you can live with
So you're not tempted to sell at the worst time.
Watch taxes
Consider which investments belong in which accounts, and which accounts to draw from first.
Review and rebalance
Check in regularly and adjust as markets move and your life changes.
What's included
- A written investment strategy tied to your retirement income plan
- Portfolio construction and ongoing management
- Regular rebalancing and reviews
- Coordination of withdrawals for your monthly income
- Consolidation of old 401(k)s and IRAs, where it makes sense
Straight answers
Frequently asked questions
Most people gradually reduce risk as retirement approaches, especially for money they'll need in the first several years. But going too conservative too soon can leave you short later. The right mix depends on your income plan.
Investing involves risk including loss of principal. No strategy assures success or protects against loss. Diversification and asset allocation do not ensure a profit or protect against loss.