Top 7 Retirement Planning Mistakes To Avoid Before You’re 40
The Importance of Periodic Portfolio Review
Many investors build an initial portfolio, then leave it unattended for years. This complacency results in allocations drifting from their intended targets, and when left unchecked, can lead to unfavorable risk. Adjustments based on periodic reviews are needed to stay in line with your financial targets.
Shockingly, only a fraction of people perform annual reviews to ensure alignment with risk tolerance and market conditions. True, there’s no one-size-fits-all, but each review offers a critical chance to reassess and optimize long-term strategies.
Financial landscapes change; embracing flexibility and adapting your portfolio can ensure robust growth and protection against downturns. Don’t under-prioritize what’s crucial. Next, we’ll reveal a principle only insiders trust—are you ready?
Continue reading to transform your understanding into actionable insights that can forever reshape your retirement planning approach…