WEALTH MANAGEMENT
WHERE IS YOUR FOCUS?
Many investors in today’s economy tend
to focus on the hot stock of the day & where
the Dow Jones or the S&P 500 currently
stands, but the most obvious picture is being
overlooked. The tension and the excitement
of watching your portfolio going up & down
can have significant negative impacts on your
long-term retirement plan.
While investors attempt to make “strategic”
moves towards their portfolios to generate a
better return or constantly looking for the
next hot stock, long-term Retirement Risks
are being ignored.
News that gets investors stimulated
these days –
• Dow rises, aims for longest win streak in a
month amid ‘huge’ week for stock market
– Market Watch June 11, 2018.
• Wall Street turns positive, S&P 500 eyes
third week of gains – Financial Times June
8, 2018.
• Kate Spade, fashion designer, found dead
in apparent suicide – CNN June 5, 2018
• Anthony Bourdain dead at 61 – CNN June
8, 2018
• US Treasury yields hold steady as G-7
Summit takes center stage – CNBC June
8, 2018
VS. Real Risks Pre-retirees and
Retirees should be aware of –
• Probability of outliving my assets
• Changes in my lifestyle during retirement
• Maximizing my social security benefits
• Spending and inflation in my retirement
years
• Rising Healthcare costs
• Long-term care planning
• Taxes during retirement
• Leaving my legacy behind
• Market Unpredictability
Almost 25% of people approaching age
65 will live past their age 90. While Social
Security income benefits continue to decrease
and inflation continues to increase, there
is a small likelihood that social security
benefits will meet all your monthly income
needs during retirement for the rest of your
life. Instead of focusing on the next hot
stock or how the market is currently doing,
perhaps your first question should be, “will
my money last as long as I live or will I be
going back to work?”. Even if you are able
to confidently answer this question, there
are several other key decisions pre-retirees
& retirees are facing today that may be less
obvious but also have a critical impact on
retirement security -
• How much income will I need during my
retirement?
• When should I claim my Social Security
Benefits?
• What’s the best possible way to take
pension distributions to ensure my family
is protected?
• What is the best way to cover health care
expenses?
• How do I turn my assets into income?
• How do I cash in my stock options?
• How can I successfully leave assets behind
for my loved ones?
As the clock continues to tick, you are
moving closer into your retirement and one
of the advantages you have today working for
you is the ability to plan for your retirement.
Failing to plan for these “less obvious”
questions can result a loss of independence
and control which has impacted thousands
of retirees and their family members. It’s not
a matter of CAN it will happen to me, it’s a
matter of WHEN CAN it happen to me?
By working with a sound financial planner
with an expertise in tackling these Retirement
Risks, not only will you be able to achieve the
financial freedom you deserve and also improve
the overall performance of your comprehensive
plan in at least the following five categories –
• Claiming Social Security benefits when it
is most beneficial for you & your spouse
• Effective withdrawal strategy during good,
bad, and ugly market years
• Tax efficient investments and asset location
to improve your retirement income & taxes
• Robust Total wealth asset allocation beyond
your 401(k) and IRAs
• Creating or increasing your lifetime income
92 TAMPA BAY MAGAZINE | JULY/AUGUST 2018
While most investors focus on the Alpha
(portfolio return) and the Beta (portfolio risk)
of their Investment portfolios, the intangible
“Gamma” (value) provided by a financial
planner creates a robust plan for the rest of
your life.
At The Holland Group, our goal is to make
sure that we help our clients overcome these
questions & obstacles so they can have a sound
Retirement Plan without having to worry
about any market conditions. Bad market
conditions are very similar to bad weather
conditions. Since we can’t predict or stop the
bad weather (market) from coming, we help
our clients make sure they have the right gear
on when it gets here.
Successful Retirement Planning is
not about predicting the markets and selling
out before the market crashes. Successful
Retirement Planning is ensuring that even if
the market drops, your lifestyle & your plan
isn’t compromised.
Retirement Wealth Advisors www.ASKsteveholland.com
727.724.3334
2637 McCormick Drive #101
Clearwater, FL 33759
* This material has been prepared for informational and
educational purposes only.
It is not intended to provide, and should not be relied upon for,
accounting, legal or tax advice. Please consult with a professional
specializing in these areas regarding the applicability of this
information to your situation.
Investment Advisory Services offered through Mutual Trust Asset
Management