Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

Having reasonable assumptions for investment returns is critically important for many reasons. These assumptions will impact your retirement plan, investment allocation, and your peace of mind.

Hear Kevin review discuss a recent letter written to his clients about the three broad categories of investments. He'll discuss high-level metrics on how attractive or expensive various parts of the stock and bond markets are and what to broadly expect in the years to come. Tune into the end when he discusses higher-yielding investments and how many investors are unwittingly taking more risk today than they realize.

Reminder: Investment returns are not guaranteed. There are costs to invest. Expectations discussed are just estimates and are probability-based (range-based) and are from Blackrock, Research Affiliates, Schwab and Vanguard per data available on their websites.

0:55 – Catching up with Kevin

1:40 – Things to consider before years end

5:44 – How long does it take to start a plan?

8:13 – Investment allocation updates

11:15 – 3 categories of a portfolio

15:50 – Appreciation assets

16:21 – Vanguard and Schwab 10-year forecast

24:08 – Discount of foreign markets

26:44 – Is it more difficult to have a diversified portfolio?

28:47 – Preservation assets

31:54 – Credit risk and credit spreads

33:51 – Diversifying and DIY

Things to consider before years end:

Ep 62: Pension Lump Sums: 2021 May Be The Best Year Ever - True Wealth Design

Ep 31: Details In A Tax-Smart Retirement Distribution Plan - True Wealth Design

Ep 59: Retiree Health Insurance Part 2: Pre-Medicare - True Wealth Design

How to Get A $16,168 Tax Credit On Obamacare Even If You Are Affluent - True Wealth Design

10-year forecast from Vanguard and Schwab

Have you heard of ESG? Many investors today are selecting investments in part based on Environmental, Social, and Governance (ESG) criteria.

Don't like fossil fuels, weapons, or pornography? Want to focus on companies that have diverse boards, executive teams, and overall workforce? Have religious beliefs you want to follow when it comes to investing? Then ESG may be right for you.

Hear Kevin discuss solutions for those seeking to align their investments to their ESG values and discuss challenges and investment considerations in doing so. He'll also share several recent client examples that have pursued ESG investing.

What we discuss on this episode:

1:07 - Watching the Olympics

3:26 - Why ESG has become a trendy conversation

8:46 - Where do you draw the line?

12:38 - Picking investments

17:26 - Challenges with ESG

22:04 - How many clients prioritize this?

Contact:

True Wealth Design Website: http://www.truewealthdesign.com/

Call: 855-893-7526

Schedule: http://bit.ly/calltruewealth

Healthcare is a primary concern, especially for retirees. Transitioning from employer-provided coverage you've been on for decades is stressful. Now you have more complexity and choices than ever before. And, yes, costs may seem sky high after retiring and before Medicare.

Listen in to hear Kevin and health insurance expert Zig Novak discuss health insurance options from the time you retire to before you can begin Medicare at age 65. Should you take COBRA? What types of plans and are available for Affordable Care Act (ACA or Obamacare) plans, and how much do they cost? How do ACA tax credits work, and how valuable are they? Get informed.

Get destressed. Know what you need to about this important topic to Retire Smarter.

Timestamps:

4:00 - Pre-65 Healthcare Planning

8:15 - Floating Cobra

14:27 - ACA Plans

26:00 - Tax Credits

31:37 - Verifying Your Income

Contact:

True Wealth Design Website: http://www.truewealthdesign.com/

Call: 855-893-7526

Schedule: http://bit.ly/calltruewealth

What type of investor are you? Are you conservative, moderate, or aggressive?

These qualitative descriptors are how most think of risk. But what is conservative to you may not be conservative to another. Rather than using non-measurable descriptions of risk, your customized retirement plan needs to be the foundation to objectively measure risk. Then and only then can the three types of risk -- required return, risk capacity, and risk tolerance -- be accurately evaluated and aligned.

Why is this important? Take too little risk and it can be a conservative way to go broke. Take too much and you may go broke more quickly. Like the story of the Three Bears you want it just right.

Timestamps:

2:20 - What is risk tolerance?

8:30 - How this applies to our planning.

12:38 - Taking emotions out of the risk conversation

18:14 - Client examples

22:45 - Ongoing process for every individual

Contact:

True Wealth Design Website: http://www.truewealthdesign.com/

Call: 855-893-7526

Schedule: http://bit.ly/calltruewealth