Real Life Retirement™ Services
Diversification keeps John in control
- Move to an area with a lower cost of living.
- Don't expect help from anyone. Plan like Social Security and pensions won't be there.
- Diversify: real estate, stocks, mutual funds. Do what you can to mix up your portfolio.
- Planned to fund retirement with his own savings. John considered Social Security and pensions a bonus.
- John is tracking the stock market; he's ready to get back in when the time is right.
John has taken a proactive approach to retirement, taking control of his portfolio since the start of his career.
"I don't like the idea of being poor. I didn't want to rely on the government to take care of me. If my wife and I got Social Security benefits and she got a pension, that would be a plus. But I wasn't going to rely on anyone else."
Staying focused through difficult times.
"My wife is a flight attendant; she lost pensions from both Pan Am and United. Instead of a pension, United started a 401(k). But, it won't pay out what she would have gotten in a pension. No matter how much planning we've done, we've been assaulted pretty badly.
"There's nothing I would have done differently. I had a broad range of investments: rental property, our home, stocks, mutual funds, small-cap, large-cap. We sold our house in California in a hot market and moved to Idaho where the cost of living is lower. If you stay focused, you can retire comfortably."
Take the Next Step.
Let's talk about the retirement you want.
Call 877-673-7970 for your complimentary retirement consultation.
- Use our retirement calculator to see where you stand today.
We thank John for sharing what worked for him. His words have been edited. The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. Examples provided are for illustrative purposes only and not intended to be predictive of future results.
The types of financial transactions mentioned may not be suitable for everyone. Each investor needs to review a transaction for his or her own particular situation. Data contained here is obtained from what are considered reliable sources; however, its accuracy, completeness, or reliability cannot be guaranteed.
All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Examples provided,
including statistical simulations, are provided for illustrative purposes only and are not intended to imply future results you should expect to see. Past performance is no guarantee of future results.