Fisher Investments Founder, Ken Fisher, Reviews Common Retirement Planning Mistakes
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- Опубліковано 9 лип 2024
- Fisher Investments’ founder, Executive Chairman and Co-Chief Investment Officer, Ken Fisher, shares common mistakes people make during-or when planning for-retirement. According to Ken, one mistake people tend to make is underestimating their investment time horizon. Ken shares how, thanks to medical advancements, people are living longer need to plan accordingly to avoid running out money. Another mistake he discusses is investors being too conservative with their investments-opting for less volatility and sacrificing growth needed to reach their long-term financial goals.
Ken also believes people often forgo basic financial planning-a necessity for investors to fully understand the returns needed to achieve their goals. Finally, Ken says people trust “their gut” too much, which can lead to concentration risk. He discusses how even the best investors can be wrong, and stresses how a well-diversified portfolio can help control risk in the long-term.
For more of Ken Fisher’s thoughts on the markets, visit us at www.fisherinvestments.com.
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Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.
After watching all the “Talking Heads” I come back to see what you had to say. Years ago I was talking to my advisor and he was saying now that you are getting older you should be moving into some BONDS. I told him I had been watching the DOW since it was at 750 and I was staying with stocks and mutual funds. Thanks Ken for your Two cents.
Ken.. You are the "mind" of retirement and finance.. I appreciate you !!!!!
Great information! Thank you for taking the time to make these videos.
For long-term investing, one of the key strategies is to get a professional to diversify your portfolio. This means spreading your investments across different asset classes, such as stocks, bonds, and real estate, to reduce risk. It's also important to consider your time horizon and investment horizon. The longer you have to invest, the more you can potentially take advantage of compounding returns.
Can we hear Mr Fisher's thoughts on the 4% rule vs the 7% rule?
I was looking for his video on this, I can't seem to find it. I remember watching it before.
Thank you Ken
Thank u
“Compound interest is the 8th wonder of the world. He who understands it, earns it…..he who doesn’t, pays it.”
-Albert Einstein
I hate being more conservative w my investments but I can shift my asset allocation slightly as I get up there. I do not know how long I will live. My father died young from lung cancer. I just hope I live longer, much longer than he did. Cant take any day for granted. I do hate forecasting. What I like is investing and continuing to invest. That gives me hope. Hard to forecast things.
Depending on if Personal Investment account don't forget to account for taxes. Additionally factor inflation into estimates. Lastly understand there are other strategies and options as retiree. You could move to country were Cost of Living is 25% cheaper, but still has quality Healthcare.
None, far as i know. We have above avg retirement income. Our hse is paid for....paid cash after selling our previous abode. Our car is 8 yrs old, 106k miles +or -, looks fine, runs great.
We consider our first responsibility to tithe to our church; on top of that we send money to individual missionaries who need more support.
We help our kids, tho all three have fairly good- paying jobs. Son's wife is a well educated, well regarded operating room nurse; she is on- call status. Son works for the city, reasonable work and pay. One daughter works for a publishing company, textbooks for school students. Younger daughter teaches english as a 2nd language.
I have masters in music, which 'qualified'
me for a real estate appraiser position...well, i did take a handful of realty classes at local jr college.
Frau was a bank branch mgr. She was well regarded. received a couple of awards upon retirement.
If you saw us and our little hse, you might roll your eyes. No matter....lololol!