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You are here: Home / Podcast / Is Your Portfolio Retirement-Ready?

February 8, 2018 By Safe Harbor Financial

Is Your Portfolio Retirement-Ready?

Each week, Jim Byrd and Biff Hamel host a radio show called Safe Investing in the New Economy. They educate listeners with the latest information on retirement planning and investing for a safe, happy retirement. Tune in each week at WABF 1480 AM and FM Talk 106.5 and Fox News Radio 710 WNTM. Also available as a podcast on iTunes and on the website. As usual, this week’s lively conversation revolved around several topics.

Jim and Biff started by answering a question they received from a woman named Martha:

  • Q: How do you know you can trust your financial advisor?
  • A: That’s a good question! Some of the things you should look for include years of experience and obvious misleading or untrue statements. Be careful and ask for referrals and references. And be sure to get every promise in writing.

Stock Market Volatility and Correction

We’ve been saying this all along: the market seems over-priced and ready for a correction. There is also inflationary pressure which will raise prices on everything. Volatility abounds. Friday Feb. 2, 2018 was the last day for Janet Yellen as the head of the Federal Reserve, who is being replaced by 64-year-old Jerome Powell. The Fed has said they will be raising interest rates this year, after years of extremely low rates.

Five days after this show was recorded, a market correction was in the news:

“The Dow plunged 567 points at the open on Tuesday and briefly sank into correction territory — a drop of 10% from its record high. But those losses quickly vanished, and the index ended the day with a mirror-image gain of 567. It was the Dow’s biggest point increase since August 2015 and the fourth-largest in history. The percentage gain of 2.3% is the biggest since January 2016. The huge swing shows how volatile trading has become in what was once a calm and booming stock market.”

Source: http://money.cnn.com/2018/02/06/investing/stock-market-today-dow/index.html

Stock market risk is inherent; it is a gamble not suitable for most people who are at retirement age. And even for those with a higher personal risk tolerance, most peoples’ portfolios are not structured for volatility or as a match to the ideal market portfolio.

Retirement Portfolios- Managed Money vs. Fixed Index Annuities

We offer a variety of investment alternatives. Fixed index annuities are not the only thing we offer, but they are often an important part of a smart retirement portfolio.

Mutual funds are not what they used to be and some major brokerage firms are paring down their offerings. What is replacing them? ETF’s (exchange traded funds) offer better performance and lower prices than mutual funds. If your 401k’s or IRA’s are loaded with mutual funds, it is time to talk to us.

Next steps- Your choice!

  1. Call us now! Even if it’s after hours, leave a message and we’ll get back to you as soon as we can.
  2. Our February seminars are coming up! Free educational information you can use about retirement planning and investing. Registration required. Call the office at 251-625-1226 to register for your seat (and dinner on us!) at one of these locations and dates. Or if you like, put your name on an an advanced seating list for future dates.
  • February 20, 6:00 pm Briquette’s restaurant in Mobile, AL
  • Febuary 22, 6:00 pm, Jesse’s Restaurant in Magnolia Springs, AL

3. If you prefer, call to schedule your complimentary consultation in our office. We encourage you to bring your paperwork and all your questions. We’ll sit down and figure things out together. Once we determine your cash flow needs, we take you through a structured test to determine your risk tolerance, and compare it to your current portfolio. Then we can help you build an investment strategy designed to take care of you and your family in the future.

  Contact us today!

 

 

Filed Under: Podcast Tagged With: Financial Seminar, Investment Options, Retirement Planning

AE Wealth Management (AEWM)has no affiliation with the news agencies represented here and the views expressed do not necessarily reflect the views of AEWM. AEWM makes no representations or warranties about the accuracy, reliability, completeness or timeliness of the content and does not recommend or endorse any specific information contained therein.

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Safe Harbor Financial Services, LLC is our name and Safe Investing in the New Economy is the name of our radio show and they do not promise or guarantee investment results or preservation of principal.


We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives.


Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Safe Harbor Financial Services, LLC are not affiliated companies.


Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. None of the information contained on this website shall constitute an offer to sell or solicit any offer to buy a security or any insurance product.


Any references to protection benefits or steady and reliable income streams on this website refer only to fixed insurance products. They do not refer, in any way, to securities or investment advisory products. Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by insurance company. Annuities are not FDIC insured.


The information and opinions contained in any of the material requested from this website are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. They are given for informational purposes only and are not a solicitation to buy or sell any of the products mentioned. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation.


Million Dollar Round Table (“MDRT”) is a membership organization. Qualifying criteria for membership include attaining specified levels of commissions earned, premium paid or income earned on the sale of insurance and other financial products. The MDRT membership requires the payment of annual dues, compliance with ethical standards, and to be in good standing with an MDRT-approved Professional Association. There are 3 levels of membership which include standard membership, Court of the Table and Top of the Table. The MDRT logo and/or trademarks are property of their respective owners and no endorsement of Jim Byrd or Safe Harbor Financial Services, LLC is stated or implied.


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