Episode 4: Building A Portfolio for Retirement and How to Take Withdrawals So Your Money Outlives You
DBusiness editor RJ King and Lou Melone, CFP® review the details in portfolio construction, asset allocation, strategies behind taking withdrawals, portfolios in bear markets, and historic returns regarding investments such as stocks and bonds.
This financial planning podcast helps answer a fundamental two part question ‘will you outlive your money, or will your money outlive you? …And the answer comes down to having a plan and understanding behavioral investing.
- Lou Melone, CFP has been named a Five Star Wealth Manager for the 12th consecutive year
- Branden Carney has been named 5 Star Wealth Manager for 2023
What's Your Risk Number?
Step 1: The first step is to answer a 5-minute questionnaire that covers topics such as portfolio size, top financial goals, and what you’re willing to risk for potential gains.
Step 2: After pinpointing your Risk Number, we’ll craft a portfolio that aligns with your personal preferences and priorities, allowing you to feel comfortable with your expected outcomes.
Step 3: We will also review your progress toward your financial goals by building a Retirement Map.
Is Your Financial Plan Aligned with Your Goals?
When markets turn as volatile and confusing as they have in the past, even patient investors may come to question the wisdom of the investment plan they've been following. You may have come to the realization that you believed you had a good plan when in fact, you don't.
As Warren Buffet once said, “When the tide goes out, you find out who was swimming without shorts.” What we offer...A cup of coffee and a Second Opinion from a Board Certified Financial Planner (CFP®)
The Melone Private Wealth Difference
Your Plan. Your Life. Your Goals.
Our business model, our framework for planning and view on client relationships is different from many advisory firms. Trust is Standard.
Our Client Life Process is a unique blend of advanced technology, behavioral coaching, and a living financial plan that reflects your retirement goals and changes as your life evolves.