Accumulate Wealth
Strengthen foundation
- Be persistent in saving & disciplined in spending; spending sacrifices may be required
Make retirement a priority
- Establish monetary goals for retirement
- Seek wise counsel, update retirement strategy
Rachett down investment risks
- Maintain well diversified portfolio; manage tactically, monitor progress
- Maintain protection for head of household; review all insurance every 3 years
Document all financial information & its location
- Insurance policies, investments, bank accounts, military records, employee benefit information,
Monitor Progress Towards Goals
There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.