Evaluating Your Investment Strategy Makes Retirement Planning Easy

How does the popular song go? Everybody’s Working for the Weekend. While we at Sage Rutty certainly love what we do every day and are always happy to help our many wonderful customers, it’s a phrase that many certainly sympathize with. But let’s take this well-known lyric and give it a slight twist. Try this instead: Everybody’s Working for Retirement. Now THAT is something we couldn’t agree more with. If you aren’t thinking about your retirement already, now is the perfect time to start. One way that many people like you choose to plan for their upcoming and even far-distant retirement is by creating an investment portfolio. But for those of you who do not currently have an investment portfolio, it may seem like a daunting task to take on. For those of you who do currently have an investment portfolio, it certainly doesn’t hurt to closely monitor its performance and make adjustments if needed. Here are a few simple ways you can get more out of your investment strategy: Define your Investment Objective Knowing what you want to get out of your investment portfolio is crucial to the success of your portfolio. Asset allocation models will outline in detail aspects of your potential portfolio, including your current income and the potential for your income to grow as a result of capital appreciation. Evaluate the Risk Tolerance Risk tolerance is the amount of risk you are willing and able to accept when it comes to achieving your financial goals. As you consider risk tolerance, you must keep in mind that conservative investors accept the lowest amount of risk, that moderate investors will have a balance between stability and appreciation, and that aggressive investors have a high risk for loss if it means greater profits in the long run.

Understand your Time Horizon You need to answer the question of how long you plan to invest before the money is needed before your investment portfolio is created. Day in and day out, you work hard and face an endless array of stresses and challenges at your place of employment. And at the end of your professional career, you deserve a peaceful

retirement because, let’s face it, you’ve earned it. But keep in mind that retirement is going to come much quicker if you simply be proactive and plan for it now. How do you plan for it now? Protect your investments and safeguard your future. Your friends and experts at Sage Rutty want your retirement to be the relaxing break you need and deserve. For more information on how you can accurately review your current investment portfolio with us, contact us today at 585-232-3760 or visit us in person at 100 Corporate Woods Suite 300 in the heart of Rochester.