Prior Planning Pays Part 5: 80s & 90s

October 23, 2017

PRIOR PLANNING PAYS ™

Part 5 of 5: 80s & 90s

 

Planning for retirement is a lifelong process.  Be on the lookout for your age for steps you should be taking right now.  And remember, everyone over 18 should have a living will.

 

Your 80s

  • Investment income is important.
  • Make sure your retirement assets are earning above inflation rate, but safe.
  • Review your estate plan and make sure your will is current.
  • During this stage, 80 percent of your portfolio should be in income-type investments as a rule of thumb.

Your 90s

  • Investment income is important.
  • Make sure your retirement assets are earning above inflation rate, but safe.
  • Review your estate plan and make sure your will is current.
  • During this stage, 90 percent of your portfolio should be in income-type investments as a rule of thumb.

 

Copyright 2017, Campbell & Company, CPAs, PA

Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Campbell & Company and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.

Information is general in nature and is intended as a guideline.  Consult with your financial advisor to to customize and monitor your financial plan.

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