facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause
Increase Your Returns Thumbnail

Increase Your Returns

How can you increase portfolio returns so that you have more money to enjoy in retirement? Let me count the ways.

  1. Create a financial plan, as discussed in last week's newsletter. Having a financial plan can lead to 2.7x higher net worth on average. *
  2. Create a Coffeehouse Investor-type portfolio of low-cost index funds that maximize your returns over time by allowing you to stay committed to your portfolio and financial plan. Research by Dalbar concludes that this is a struggle for many investors. 
  3. Finally, even though Tax Day has passed, don't ignore taxes in your portfolio. Over a lifetime of investing, taxes are likely to be the biggest drain on your portfolio returns.

Creating a tax-efficient portfolio while you are saving is essential. 

More importantly, creating a tax-efficient withdrawal strategy when you are retired and spending your money is crucial, as pointed out in this timely post from Vanguard.    

Start maximizing your portfolio returns with a strategy session with me. Together we can build a financial plan that works for you.
*As reported by Charles Schwab in research carried out by Strategic Business Insights.