I have had the pleasure of assisting many clients for decades. Eventually, they all retire and need income from their portfolio.

There are many reasons why clients work with us but the common thread is the complexities that inevitably spring from managing a portfolio and the various roads that lead to holistic planning.  Even more important are the numerous ingredients that enable a portfolio to withstands market fluctuations and provide predictable income.

The big question we always need to address is retirement income planning. While goals and dreams differ, there is a common theme – how much income will I need during retirement and will my portfolio be able to support my lifestyle?

Everyone is unique and we never employ a cookie-cutter approach when guiding our clients. Each plan and every portfolio has individual elements but time-tested principals guide all.  People may be different but the rules that help navigate capital markets never vary.

We focus on the fundamentals of evidence based investing and conservative projections for the future. Thoughtfully constructing a low cost and tax efficient portfolio is the foundation of every retirement income plan we build.

Approaching capital markets with a focus on balance is the foundation of an enduring portfolio.  For those who experienced the market decline of 2007-2009, there’s a nagging fear that we will get battered again.  It’s a fear that can keep us too close to the financial shoreline and may prevent us from reaching goals because we are living in fear of another market calamity.

That’s why we preach global diversification. Diversification mitigates risk, helps you sleep better at night and it’s just plain smart.

Historically, stocks outperform bonds. But, for most of us, a portfolio that is 100% invested in stocks is too risky.  It’s the primary reason we add ballast to our portfolios in the form of short term, high quality bonds.  The essence of balance when investing is owning both high and low risk assets at the same time.

You are unlikely to squeeze every last ounce of return out of a bull market–but you don’t need to.  With the right balance of stocks and bonds you can turn down the panic meter when the next big decline in stocks occurs.

I will end with a quote from my favorite coach of all time, John Wooden:

“Next to love, balance in the most important thing.”