In this episode of the Intelligent Retirement Podcast, Bob French, CFA, joins host James M. Matthews to discuss the nuances of investing for retirement, with a focus on the differences between pre-retirement and post-retirement investing. He highlights the importance of understanding sequence of returns risk, setting realistic expectations, return assumptions, and the various methodologies for retirement planning. Bob also explores the importance of risk tolerance, the distinction between technical and true liquidity, and the necessity of integrated strategies in retirement planning. Ultimately, he underscores that retirement should be viewed as a state of financial independence, where individuals have controlover their financial future.

Key Takeaways

• Investing for retirement involves different strategies both before and after retirement.
• Sequence of returns risk can significantly impact retirement outcomes.
• It's crucial to set conservative return assumptions for retirement planning.
• Every financial plan is inherently uncertain and should be adaptable.
• True liquidity considers not just access to funds but also their intended use.
• Integrated strategies can provide a balanced approach to retirement planning.
• Understanding personal risk tolerance is essential for effective retirement planning.
• Preparing for retirement involves more than just financial calculations.
• Retirement is about achieving financial independence and making informed personal choices.
• Clients should be actively involved in their retirement planning process.

Chapters

00:00 Introduction and Background

04:24 Understanding Sequence of Returns Risk

05:06 Setting Realistic Return Assumptions

08:33 Retirement-Ready Portfolio Strategies

20:04 The Illusion of Precision in Financial Planning

21:06 Navigating the Unknowns of Financial Planning

23:13 The Balance Between Planning and Preparing

23:50 Understanding Longevity and Its Impact

26:29 The Importance of Liquidity in Retirement

31:00 Integrating Investment and Insurance Strategies

38:02 Defining Retirement and Financial Independence

Resources

Parkwoods Wealth Partners

RetirementResearcher

8 Tips toBecoming a Retirement Investor

Consolidated Planning

Have a question? Visit us, at myintelligentretirement.com

Disclosures

This podcast is for informational purposes only, and should not be considered tax, legal, or investment advice. Although the information has been gathered from sources that are believed to be reliable, please keep in mind thatindividual situations may vary. Therefore, the information should only be acted upon when coordinated with individual professional advice. Guest speakers and their firms are not affiliated with, or endorsed by Park Avenue Securities, Guardian, Intelligent Retirement,or Consolidated Planning, and all views and opinions stated are their own. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. All investments and investment strategies contain risk and may lose value.
James Matthews is a Registered Principal and Financial Advisor of Park Avenue Securities, LLC. Securities products and advisory services are offered through Park Avenue Securities, member FINRA, SIPC. James Matthews is a Financial Representative of The Guardian Life Insurance Company of America, New York, New York. Park Avenue Securities is a wholly-owned subsidiary of Guardian. Consolidated Planning and Intelligent Retirement are not affiliates or subsidiaries of Park Avenue Securities or Guardian. 8198336.1 exp 07/2027.