RFS Financial Advisors’ Post

A mutual fund is not a financial plan. It doesn't answer questions, it doesn't provide personalized education, it doesn't have conversations about your values & long-term goals, and it doesn't help you figure out: - your blind spots - when you can retire - how much $ you need - how to get there quicker - tax planning opportunities - if your portfolio is optimized - benefits of tax-loss harvesting - estate planning needed - how to create retirement income - understanding employee benefits - when you should do Roth conversions - what assets to hold in which accounts - how much you need to save and invest - what accounts to use for tax-efficiency - the optimal time to claim Social Security - adequate life/disability/liability insurance - which accounts to withdraw from and when - how much you can safely spend in retirement Funds are great, but they're just a tool. 🔧 Tools are used most effectively with a plan.

Want to take charge of your superannuation? A Self-Managed Super Fund (SMSF) offers the freedom to craft an investment strategy that suits your lifestyle and goals. From direct property investment to unique assets, an SMSF allows you to diversify your portfolio while keeping your super safe from potential legal claims. It's all about making your money work for you! Are you interested in learning more about how SMSFs can transform your retirement planning? Visit www.keyconcept.com.au or call 0497 194 909 for more insights and guidance. Let's start planning for a future where you're in control! #selfmanagedsuperfunds #financialfreedom #retirementstrategy #investwisely #wealthmanagement #superfunds #moneytalks

Diversification — not putting all your eggs in one basket — is one of the most cherished principles of investing. That's one reason why mutual funds have become a popular choice for many investors' workplace retirement accounts. They're an easy way to invest in many different securities at once, and to do so at a lower cost than you might be able to achieve on your own. Check out our latest blog post to learn more! #ArmstrongDixon #FinancialPlanning #MutualFunds https://lnkd.in/eHKWMNQ3

ADVANTAGES OF USING AN RIA: Fiduciary Duty: Higher Standard: RIAs are held to a fiduciary standard, meaning they are legally required to act in the best interests of their clients at all times. This ensures that the investment advice and decisions are made with the participants’ best interests in mind. Fee Transparency: Clear Fee Structures: RIAs typically charge fees based on a percentage of assets under management (AUM) or a flat fee, which can be more transparent and easier to understand compared to the commission-based model often used by BDs. Customized Advice: Personalized Service: RIAs often provide more personalized and tailored investment advice, taking into account the specific needs and goals of the plan participants. Comprehensive Financial Planning: Holistic Approach: Many RIAs offer comprehensive financial planning services, which can include retirement planning, tax planning, and estate planning, providing a more holistic approach to managing retirement savings. The information provided in this post is educational in nature and is not intended to be a recommendation for any specific investment product, strategy, plan feature, or other purposes.

Ensuring a secure retirement involves more than just saving diligently. It's important to integrate asset protection strategies to safeguard your savings from unforeseen threats. These strategies could include: ◾ Diversifying investments ◾ Establishing trusts ◾ Considering offshore options ◾ Utilising annuities and insurance ◾ Leveraging Roth IRA protections Be sure to regularly review and adjust your plan to stay prepared for market changes and life events. Click here for more insights: https://lnkd.in/eaUYtCKP #RetirementPlanning #AssetProtection #FinancialSecurity #InvestmentStrategy #WealthManagement #ForbesFinance #FinancialAdvice

As an industry… we’re awash with data, yet trustees (and some would say Regulators) still struggle to pinpoint what truly drives better outcomes for pension scheme members. The FCA’s Value for Money framework offers a start by making comprehensive data available on investment performance. However, data without context is simply not enough. We believe that the ultimate goal for trustees should be to maximise the terminal value of each member’s retirement pot – in pounds and pence. Our proprietary SPERO® scoring and ranking framework gives trustees the power to compare investment strategies through a clear lens, focusing on potential retirement outcomes instead of mere volatility metrics. By using tools like Monte Carlo simulations, trustees can assess a scheme’s resilience against market changes and test risk/return ratios based on potential outcomes. We need to empower trustees and provide them with the necessary tools to make data-driven decisions. Understanding the trade-offs between asset allocation, volatility, and long-term outcomes is central to driving member value. This is the foundation of modern, effective pension management.

Retirement Planning ? What product is more suitable? If you opting to look at other products because of tax benefits then Mutual Funds also have ELSS under section 80C Don’t put tax benefits ahead of investment vehicle choice. This and more in Financial Express (India) article here, thank you Mithilesh Jha for featuring my views. Mirae Asset Mutual Fund (India) #mutualfunds #investing https://lnkd.in/dQCN7bAH

Your retirement is unique, and your investment strategy should be too. Discover 5 factors that can help you find the right balance for your unique financial goals: https://lnkd.in/eaHvFU-W #retirementplanning #assetallocation #financialplanning

If you have a 401(k) portfolio worth $1 million and are over 60, here are key steps to protect and manage your wealth: Rebalance Your Portfolio: Adjust your asset allocation to maintain a balanced mix of stocks and bonds, considering your risk tolerance and investment goals. Evaluate Risk Tolerance: As you near retirement, you may want to shift towards more conservative investments to preserve capital. Allocate some of it to index Annuities with no market losses and for longevity risks. Plan for Healthcare Costs: Budget for healthcare expenses until you qualify for Medicare at 65. Consult a Financial Advisor: Professional advice can help tailor your strategy to your specific needs and goals. Monitor and Adjust: Regularly review and adjust your investments to stay aligned with your retirement plan. Connie Dello Buono investment fiduciary 4088541883

𝟳 𝘁𝗵𝗶𝗻𝗴𝘀 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗸𝗻𝗼𝘄 𝗮𝗯𝗼𝘂𝘁 𝗦𝗲𝗹𝗳 𝗠𝗮𝗻𝗮𝗴𝗲𝗱 𝗦𝘂𝗽𝗲𝗿 𝗙𝘂𝗻𝗱𝘀🚀 This comprehensive article covers it all: 1️⃣ Definition and basics of SMSFs 2️⃣ Empowering yourself as the trustee 3️⃣ Tailoring your investment strategy to align with your goals and values 4️⃣ Exploring the wide range of assets you can invest in 5️⃣ Estate planning benefits and peace of mind 6️⃣ Understanding costs and administrative responsibilities 7️⃣ Step-by-step guide to setting up your SMSF Take charge of your financial future and make informed decisions about your retirement savings! 💪💰 Dive into this guide to gain the knowledge and insights necessary to navigate the world of SMSFs with confidence. Let's get started! 📖✨ ✅ Hi, I’m Mike, and I post about passive income, investing and ways to better prepare for retirement 🔔 Follow me to learn more about personal finances 📌 Nothing in this post is financial advice. Just sharing my own opinion, research and best practices 🤝 Drop me a message to learn more #SMSF #Strategy #Retirementplanning https://bit.ly/3ugioNo