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RL066 - Developing an Investment Philosophy

On the Retirement Lifestyle Show, Roshan Loungani, Erik Olson, and Adrian Nicholson are back with the fifth installation of Battle of the Plans. They use their complex financial planning software packages to analyze a hypothetical client situation and formulate a practical retirement plan. Listen now to hear more about Battle of the Financial Plans V.

[01:49] Client Profile for Our Hypothetical Financial Plan

[04:57] Does Our Hypothetical Client Have Enough to Retire?

[08:05] Assumptions in a Retirement Plan

[10:02] The Probability of Success or Failure of a Retirement Plan

[15:50] When to Consider Roth Conversions

[20:34] How to Minimize Taxes on Required Minimum Distributions

[22:50] Practical Investment Strategies For Our Hypothetical Client

[24:30] Can You Minimize Taxes with Asset Location?

[27:50] Investing According to Your Risk Tolerance

[30:45] Inflation and Investing in Bonds

[32:20] When to Separate Your Portfolio Between Income and Growth

[37:35] How Retirement Planning Tools Work

[39:01] Sustainable Retirement Spending and Market Returns

[45:00] Working with an Advisor for Retirement Planning

[49:00] Parting Thoughts

To read the Full Show Notes scroll down or click here.

  • Roshan Loungani can be reached at roshan.loungani@aretewealth.com or at 202-536-4468.
  • Erik Olson can be reached at erik.olson@aretewealth.com or 815-940-4652.
  • Adrian Nicholson can be reached at adrian.nicholson@aretewealth.com or at 703-915-8905

Listen now to hear more about Battle of the Financial Plans V.

Select episodes, like this one, can be found on YouTube: https://www.youtube.com/channel/UC0ZZPM3xk6onXNpb1ceAkCg

Visit Anchor.fm for ALL the links to several podcast sites: Anchor.fm: https://anchor.fm/roshan-a-loungani
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Full Show Notes:

Hypothetical Client Situation

Our hypothetical client for this week is a 69-year-old woman with $800,000 invested, $240,000 in cash, $30,000 in Social Security Income, and $125,000 in an IRA. She also has $16,000 per year in expenses, pays $10,000/year for the mortgage, $5,000 for the car, $12,000 for three vacations per year, and several limited insurance plans. 

Retirement Planning Assumptions

Planning for retirement is arguably one of the most important things you can do to safeguard your future. However, retirement planning can be confusing because assessments are built on assumptions. Even the best financial advisor doesn’t know what will happen ten years from now. The task becomes even more complicated when you try to predict the economic landscape for when you finally retire. So, what do financial experts do when trying to create personalized and sustainable retirement plans? They typically use historical averages and make assumptions. This means your plan is not foolproof, and you’re bound to make adjustments along the way. 

That said, the reality is that not all assumptions are created equal. Some are far more dramatic than others. So, if an assumption is off by some margin, retirees could be in for too little or too much retirement money. But at the end of the day, the financial advisor is building a plan for YOUR retirement. Make sure they build it according to your specifications. 

Disclaimer Welcome, you are now listening to the retirement lifestyle show with Roshan Loungani Erik Olson and Adrian Nicholson. This show is an exploration of ideas to help you work towards your ideal retirement. Roshan Loungani and Erik Olson serve clients across the US. They offer financial planning and investment advice through Arete Wealth Advisors, LLC, an SEC registered investment advisor and securities through Arete Wealth Management LLC, member FINRA, SIPC, and NFA. Get ready for the financial independence of your dreams. All opinions expressed by podcast hosts and guests are solely their own are based on information they believe is reliable. Neither Arete Wealth nor its affiliates, warrants its completeness or accuracy, nor do their opinions reflect the opinion of Arete Wealth. This podcast is for general informational purposes only and should not be regarded as specific advice or recommendations for any individual. Before making any decisions consult a professional. Finally, our music is the chance by Jason Shaw and Audionautix. It’s part of the YouTube Audio Library and it’s licensed under a Creative Commons license.

Thank you for listening.

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Securities offered through Arete Wealth Management, LLC, member FINRA, SIPC and NFA.

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