Ep #012: The Three Investment Worlds
Life moves in stages, and it stands to reason that the same is true of investing your money. What makes sense for a 20- or 30-year-old’s investments isn’t going to make sense for someone nearing retirement. And when it comes to stocks, bonds, mutual funds or any of the other financial products out there, it’s not only crucial to understand which tools are right for you, but also when.
Here to break it all down is Don Ross, the Founder and President of Ross Wealth Advisors. In this episode, Don shares important financial insights about the different stages of where your assets and money should be from Chapter 4 of his book, A Retiree’s Financial Survival Handbook. Listen in to hear about the three investment worlds and the pros and cons of each that every retirement-minded person needs to understand.
Listen to the Full Episode:
What You’ll Learn In Today’s Episode:
- The three different stages of where your assets and money should be.
- How Don can help people who aren’t invested appropriately.
- What to expect in the world of keeping your assets safe.
- The pros and cons of the world of risk—and why this approach is not a good idea as you approach retirement.
- How the hybrid world works.
- Why Don isn’t a fan of variable annuities.
- The truth about pensions.
- How to get distribution from your savings.
Ideas Worth Sharing:
“As you approach retirement—or those of you that are retired—what is not on your side? Time—the time to make up for a mistake or the next 2008.”
– @donairborne (via Twitter)
“I want to teach you tactics and strategies and the proper use of your financial products: stocks, bonds, mutual funds, and all the different things out there.”
– @donairborne (via Twitter)
“Some of you have a portfolio that could be shooting for the stars, which means you could end up losing 20 – 30% on our next market correction, which is coming.”
-@donairborne (via Twitter)
Resources In Today’s Episode:
Are you ready to start planning for your Abundant Retirement?
Contact Don and his team at Ross Wealth Advisors today to start with an easy conversation about your retirement plans and options.
You can give us a call at:Â 614.545.0277
Or, come by the Ross Wealth Advisors’ Columbus, Ohio offices at:
1093 Fishinger Road
Columbus, Ohio 43221
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