By Craig Siminski – CMS Retirement Income Planning LLC
I am a big believer in working hard. I would want my financial planner to put an honest effort into helping me achieve my financial goals. More often than not, I notice in my prospects’ investment statements a few things that bother me. Typically, there is a good mix of equities and fixed income investments…including some mutual funds and exchanged traded funds (ETFs).
The problem is that the exact same investments are in the IRA, Roth IRA, and the non-retirement accounts…just in different percentages. I wouldn’t want a cookie cutter portfolio that was put together by my adviser’s back office based on my risk tolerance.
As an investor, I want to deal with the architect of my plan, not the salesman.
Do you understand what the companies that you invest in are doing with your money? Have you ever had your investment portfolio screened? I usually ask my clients if there are any moral or social issues that I need to be aware of before creating their portfolio.
You may have heard of ESG criteria before. This mainly addresses the “social” issues and stands for Environmental, Social and Governance. I get a bit deeper into the morally responsible issues and screeners… if you are interested.
Do you know how much money it is going to take for you to retire financially independent AND to remain confidently retired? I would like to sit down with you and help you figure this out – understanding that there is NO obligation to you.
Craig Siminski is a CERTIFIED FINANCIAL PLANNER™ professional, with more than 25 years of experience. His goal is to provide families, business owners, and their employees with assistance in building their financial freedom.
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