Goals-based investing uses the information contained in each individual goal, including their value, priority, and time horizon, to build a dedicated investment portfolio for each goal. This leads to a more purposeful portfolio and allows for adaptable strategies that improve the long term performance of your investment plan.
Continue reading
Most retirees rely on multiple sources of personal retirement savings to generate retirement income. Besides Social Security, they typically rely on a combination of savings from tax-deferred accounts (TD), like 401(k)s and traditional IRAs, taxable brokerage and savings accounts (T), and tax-exempt accounts (TE) like Roth 401(k)s and Roth IRAs. The question is, in what sequence should we withdraw from the various accounts to generate more retirement income or make the portfolio last longer? Research shows that different sequences can have a big impact in the longevity of your savings. Take a look at our three step approach, featured on Retirement Daily.
Continue reading
You may have heard that a good plan starts with meaningful goals. But how can we use goals to design our plan, monitor our progress, and manage key risks to our retirement? Read it in our contribution to The Street’s Retirement Daily publication, edited by Robert Powell (aka Mr. Retirement).
Massi De Santis is an Austin, TX fee-only financial planner. DESMO Wealth Advisors, LLC provides objective financial planning and investment management to help clients organize, grow and protect their resources throughout their lives. As a fee-only, fiduciary, and independent financial advisor, Massi De Santis is never paid a commission of any kind, and has a legal obligation to provide unbiased and trustworthy financial advice.
Photograph by Benjamin Elliot on Unsplash
