Everyone has an idea of what they want their retirement to look like, whether that means spending more time with family, traveling, or enjoying a favorite pastime. Many people even base their financial plans off of their vision for the future. The reality is that you can never truly prepare for everything that life has in store for you – your plans need to be adaptable.
Generally speaking, most portfolios include many types of investments with varying degrees of risk and include elements of long-term growth, income generation and built-in principal preservation.
One of the most important aspects of portfolio allocation is paying attention to risk, which starts by examining your unique financial position. It helps to consider when you want to retire, what your financial goals are in retirement and your ability to handle a financial loss. Knowing your goals and how you feel about risk will help you determine the ideal path and process in reaching your retirement goals.
Oftentimes, people strive to avoid taking on any investment risk. The problem with this mentality is that all investments carry some risk and also that a certain amount of risk can be necessary for a healthy portfolio. Conservatively constructed portfolios aren’t able to provide the long-term growth potential that is needed to outpace inflation and build wealth. Investors that seek “absolute safety” often run into risks of a different variety, like investment opportunity loss and the destruction of purchasing power resulting from inflation.
At American Financial Investments, LLC, we work with you to help ensure any financial decisions are being made in your best interest and will help assess any potential risk in your retirement plans. We are dedicated to creating a financial strategy that aligns with your personal investment objectives and goals, and we will utilize our knowledge and experience to help manage your portfolio throughout various economic conditions and investment cycles.
When you work with our team, which includes full spectrum investment and tax services, we will help you determine your current comfort level with risk by getting to know you on a personal level and using surveys. We then analyze your financial picture for a reality check against your income needs and the cost of your hopes and dreams.
We believe that following sound investment principles such as asset allocation, regular portfolio reviews and managing risk can lead you to long-term success – and that’s what we strive for. Developing a successful portfolio can be an overwhelming task, but you don’t have to do it alone. After all, you wouldn’t perform surgery on yourself, so why try to manage a portfolio if it’s not your area of expertise?
Let our professional investment managers who understand the fundamentals of the stock and bond markets and have the industry knowledge on their side help you make decisions that are in your best interest – giving you the time and peace of mind to enjoy the things you love. QCBN
Ronald F. Stevenson & Barbara Clark Stevenson own American Financial Security, LLC. They specialize in Retirement Income Planning, Social Security Maximization, Tax Free Income Design, Personal & Corporate Tax Preparation and Planning. For more information, call 928-771-8368 or visit AmericanFinancialSecurity.net, 3112 Clearwater Dr., Suite B, Prescott, AZ 86305.
By Ronald Stevenson and Barbara Clark Stevenson
All written content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. Opinions expressed herein are solely those of American Financial Investments LLC and our editorial staff. Material presented is believed to be from reliable sources; however, we make no representations as to its accuracy or completeness. All information and ideas should be discussed in detail with your individual adviser or qualified professional before making any financial decisions.
American Financial Investments LLC and American Financial Security, LLC are not affiliated with or endorsed by the Social Security Administration or any government agency.
Ronald F. Stevenson is and Investment Advisor Representative and offers Advisory services through American Financial Investments LLC a Registered Investment Advisor in Arizona. Insurance products and services are offered through American Financial Security, LLC, an affiliated company.
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