When it comes to your retirement nest egg, how do you REALLY know that you’ve got your investments allocated in the correct retirement vehicle? This may come as a shocker, but you probably don’t and it’s NOT your fault! It’s a result of marketing programs for investment products and their often misleading names!
I so often see mutual funds labeled as “Growth Fund” or “Balanced Fund,” sound familiar? Since it’s a mutual fund, you might assume that there is little risk and minimal fees. If it’s labeled as “Growth Fund”, you might also assume that there will be greater gains. However, when analyzed, that just might not be true! On the other end of the spectrum, you may have heard of “Safe Money” strategies, which seem to present little risk to market downturns, but is it really safe from all risks?
Here’s what I want you to understand, is that neither of these types of investment vehicles is necessarily a bad choice. The question is, are they the correct choice for your personal risk tolerance? What combination of investment vehicles matches up correctly with your situation? What if there were a systematic way you could find your own individual risk score, say a number between 1-100, that correctly identifies your investment objectives and risk tolerance? What if there were also a way to analyze investment portfolios and subjectively identify the risk in a retirement vehicle? Better yet, your entire portfolio! What if you could custom tailor your needs and your portfolio so that you have the opportunity to maximize your gains and minimize your risks, based upon your own personal goals? Great news! We can DO that!
Utilizing cutting edge software, we are able to accurately identify an individual’s acceptable level of risk and potential reward. We can then use this tool to calculate a portfolio that aligns with your investment goals and expectations! This planning tool is designed to help take the guesswork out of your financial future!
So how does it work? We utilize several state of the art software packages in a three part process to capture your risk number, then align your goals and risk tolerance and finally create your custom plan.
The first step is to answer a 5-minute questionnaire that covers an overview of your financial picture, goals and what level of risk you’re willing to take for potential gains. With this information, we can calculate your exact Risk Number to help guide your decision-making process.
The second step is to assess your current portfolio and recommend adjustments that align with your personal preferences and priorities. With a custom tailored proposed portfolio, we believe you’ll feel confident with the expected outcome that includes projected gains and losses expected.
Finally, we utilize the data and integrate it with our financial planning software to provide a retirement map with a custom path to retirement. With our Wealth Management System gateway, you’ll also have hands-on access to easily monitor all of your finances to help you strive to achieve your investment and retirement goals.
Watch below to see a quick demonstration of how you might find your own personal risk score and a brief overview of how McBeath Financial Group might match your own portfolio to your comfort level!
Get started now and find your risk score! Simply click the box below and answer a few questions!