Shownotes
Welcome to the weekly Retirement in Action segment of our show! Every week Radon and Murs will take an interview or topic discussed recently on the show and talk about the points that can be put into action!
Radon and Murs break down their thoughts and answer questions brought up from the interview with economist, Andrew Opdyke.
On this Episode:
- Why the economy means we manage money actively with a fluid investment plan
- Radon and Murs compare active vs passive investment plans
- Radon and Murs talk about managing risk in the economy
- They discuss the different portfolio models
- Radon and Murs define and explain equity and how it relates to retirement
Different Portfolio Models:
- Growth portfolio- most aggressive up to 100% equities
- 80% equities portfolio- rest in bonds
- 60% equities portfolio- rest in bonds
- 40% equities portfolio- rest in bonds
Tweetable Quote:
"You have to be moving as the market moves!" - Radon Stancil
Resources:
If you are in or nearing retirement and are looking to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting the complimentary video course, Four Steps to Secure Your Retirement. To access the course, simply visit POMWealth.net/podcast.
To receive a free book, Get Off the Retirement Rollercoaster, leave a 5-star rating review on iTunes and send a screenshot to morgan@pomwealth.net.