Investing for the Benefits

February 20, 2010  |   All Else   |     |   Comments Off on Investing for the Benefits


Our clients decide what they’d rather be doing than worrying about their money. Their choices are wide ranging, they include everything from unwinding to working to transform their world, in big ways and small ways. Here is a short list of ways our clients now invest their most valuable asset, time:

Build their business                                   Travel
Join a nonprofit board                            Build a house
Start a new business                                Volunteer  to tutor
Run for office                                           Invent something new
Invest in an African orphanage              Take a sabbatical
Become a patron of the Arts                    Start a family foundation
Pilot their own plane                                Become a philanthropist
Find a new professional challenge          Watch their grandchildren grow up

Interested in experiencing these benefits? Begin by asking yourself these questions:

  • What is all this for? What’s important about money to you? Does your current advisor know this?
  • Are you comfortable with your current plans for retirement? Do you know exactly how much money you’re going to need in order to retire—and stay retired—comfortably? If not, why not?
  • Is your current portfolio structured so that you do not run out of money – ever? Would you like it to be?
  • Are you highly confident that your retirement income will be sufficient? (Remember, there’s an awful lot riding on your answer.)
  • Is it possible that getting a second opinion, at no cost, might be helpful?
  • Do you have a written plan forecasting income and expenses in retirement, to ensure you don't run out of money?
  • Do you know what risks you are taking with your investments? Said another way, does your plan pay attention to protection as much as potential?
  • Are you confident in your current financial advisor?

If you find you don't like the answers to these questions, give us a call at SS&A, we will be glad to help.