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No. 8: Design your portfolio for income
No. 8: Design your retirement portfolio for income © Kurhan/

No. 8: Design your portfolio for income

As you count down to retirement, you will move from accumulating funds to withdrawing funds on which to live. Designing a post-retirement investment portfolio that can provide enough income while appropriately managing risk is a major challenge, especially as life spans are increasing. This requires a balance of growth assets such as stocks and more conservative assets, such as bonds and cash.

Vollmer stress-tests client portfolios to ensure that, to the greatest degree possible, they can last throughout a long retirement and avoid major losses in the event of a sudden or prolonged market downturn. "We look at various scenarios and run simulations so that market events don't derail client goals and plans," he says.

ADVISER SEARCH: Need help planning for retirement? Find a certified financial planner at Bankrate today.


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