Show Notes
For years we've heard the same advice: build a 60/40 portfolio and you'll be set for retirement. But is that still the right approach?
In this episode, Josh and I explore where the traditional 60/40 portfolio came from, why it became such a popular rule of thumb, and why I believe successful retirement planning today is about much more than simply picking the right asset allocation.
We'll discuss the original principles behind diversification, explain how sequence of returns risk can impact retirees, and talk about why bonds aren't always the "safe" investment many people assume they are. Most importantly, I'll share why I encourage clients to think less about percentages and more about purpose—making sure every dollar in their retirement portfolio has a specific job to do.
Schedule your free financial consultation at TakePrideInRetirement.com or call 855-246-9211.
Because retirement isn't just about having enough money—it's about having the freedom to create unforgettable experiences.
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About Take Pride in Retirement:
Take Pride in Retirement is a podcast dedicated to retirement planning solutions for the LGBTQ community. Host Matt McClure, a licensed fiduciary financial advisor, shares strategies to protect your hard-earned money while pursuing market-like growth.
Matt holds the RSSA® credential as a Registered Social Security Analyst®, helping clients optimize their Social Security filing strategies to potentially increase lifetime income. He’s also a Certified Annuity Specialist® (CAS®), a designation earned through a 135+ hour graduate-level program in fixed-rate and variable annuities from the Institute of Business & Finance.
Based in Georgia with his husband and two dogs, Matt spent over a decade in New York City, working with The Wall Street Journal Radio Network, NY1, and WCBS Newsradio 880. A career highlight includes reporting from the floor of the New York Stock Exchange.
If you're approaching retirement or already retired, this conversation can help you think differently about your investment strategy and whether your current plan is still aligned with your goals.