Does Your Portfolio Still Match Your Comfort Zone?

Your financial strategy should reflect your personal circumstances, not a cookie-cutter formula. In this episode, Ray discusses how spouses can have very different attitudes toward risk and why age, health, retirement income, and individual goals should all influence the way a portfolio is structured.

Ray examines underperforming accounts, ongoing advisory fees, and the importance of understanding whether the service you receive justifies what you are paying. He also explains why diversification may involve more than simply owning different stocks or mutual funds, introducing a two-bucket approach that combines market-based investments with insured or guaranteed assets.

The episode highlights one of the biggest risks facing recent retirees: withdrawing income from investments while the market is down. Ray explains why regularly reassessing your strategy may help ensure your investments continue to match your comfort level and retirement needs.

In Ray’s Mailbox, Ray answers questions about investment management fees and explains the value of conducting a meaningful annual financial review.