After-The-Paycheck-logo

An informational & educational website that explores a wide range of topics aimed at helping people to and through their retirement.

Subscribe For Updates on New Posts & Episodes

How To Measure Your Current Portfolio Against Your Retirement Goal

 

Measuring Your Current Portfolio Against Your Retirement Goals 

In this episode of After The Paycheck, Adam speaks (remotely) with Ryan Marston to discuss how to measure your retirement goal(s) vs. what your current portfolio looks like.

Before covering this, let's understand the difference between having a retirement ACCOUNT, having retirement GOALS, and then having a retirement PLAN:

  • ACCOUNT  = money. More “matter-of-fact” - there’s nothing much to it other than that. Just a statement of how much you have in there
  • GOAL = what you’d like to be able to DO in retirement (spend more time with the grandkids, travel, golf every day, etc.). How much money will you need in your account(s) to reach your goal?
  • PLAN = A process to help you achieve your retirement goal (what accounts should you withdraw from at a particular time? How aggressive does your portfolio need to be in order to keep up with your retirement goals?)

This leads us to today's topic, measuring your retirement goals against your current portfolio. Ryan explains how to do that using a benchmark analysis:

Benchmark Analysis

  •  What is a benchmark analysis?
  •  Why should I have one done at (whatever age I am from retirement)?
  •  How does one do this? (what are the steps/data involved?)
  •  How often should I do it? 

Enjoy!

Looking for the income gap worksheet? Click here to request one

Have a list of questions around your finances? Thinking about your retirement situation?

Let’s chat.

Whether you’re asking questions about when you can retire, how to manage your investments, or if you have enough to leave the impact you want for your family and community, we’re here to help. Use the calendar below to schedule a 15 minute introductory call directly with either Sam, John, or Ryan - we'll use this time to get to know you and your needs and talk about the retirement planning obstacles you may be facing.

 

 

Tags: Retirement Planning, Income Planning, risk management, after the paycheck

Popular:

   ATP Video Series
Helpful Worksheets
  What We Do & How We Can Help
New call-to-action

Have a list of questions around your finances? Thinking about your retirement situation?

Let’s chat. Fill out the form below or request a time on our calendar to reserve a 15 min. phone call with either Sam, John, or Ryan - we'll use this time to get to know you and your needs and talk about the retirement planning obstacles you may be facing.