As a rule, the longer you invest, the more potential your money has to grow thanks to compound interest.
When recent losses or a late start set you back, however, it can make sense to invest in higher risk, higher reward vehicles. We typically believe that a conservative approach to your retirement is the best option, but if the situation is right, we can help you aim for quicker wealth accumulation, too.
Keep in mind that the last thing you want to do is lose more ground during a market downturn as you are prepared to retire. In most cases, we recommend that conservative retirement strategies have only a portion of assets invested in the stock market, with money also set aside for for lower-risk investments and/or secured* income contracts, such as annuities that generate dependable retirement income.
What sort of wealth accumulation and management approach is right for you? Contact our office or complete the request a consultation form to start a dialog.
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