When it comes to organizing and planning for your retirement it is important to take in as much information as possible. Not every plan is going to sit every exact investor or life circumstance. A custom approach what is necessary, and more often than not it is absolutely vital to go through a third party investment planner to best ensure your long-term success.
Many solutions exist at are in use today, but not quite as simple and effective as the system employed by Richard Dwayne Blair in his practice. Richard Dwayne Blair has identified Three core components that you should look for when working with any sort of financial advisor or retirement planner. These three pillars are the foundation of your plan and are absolutely necessary; the plan cannot stand if even one of these pillars is missing.
First and foremost is planning out the retirement path ahead of you. This road map plots out exactly where you are and where you need to be. Since retirement planning is more of a marathon than a sprint, this strategy will change with the ebb and flow of the market, as well as your individual liquidity requirements and tolerance for risk.
Once you have established your roadmap it’s important to have a navigator looking at the conditions of the path ahead. Just like how weather and road conditions can
Impact how you travel market conditions can impact how you when is your investment and retirement. This requires a substantial amount of background knowledge, expertise, historical data as well as current analytics from the market.
Finally, the third pillar is insurance. Many people avoid worrying about the worst case scenario; they simply do not want to think about what it would be like if their life’s plan does not go as intended. As such, insurance products guarantee the long-term financial security of your family. No matter how good your retirement plan is health and accidents are always a factor to consider.
Three pillars combined make up the core philosophy of Richard Dwayne Blair’s work and ethos when helping his clients retire comfortably and safely.