Investing for Retirement
Investing may be simpler than you think. Developing a personal retirement investment strategy simply requires understanding some basic principles and your own personal circumstances. Once you’ve considered your individual financial situation, we suggest that you start building your personal retirement investing strategy by designing a portfolio that fits your needs. For most retirement objectives, the best portfolio will consist of a mixture of mutual funds with different objectives and holdings. Our guide to selecting mutual funds can help you select the mutual funds best for the portfolio you have designed.
Over time your objectives and the strategy you use to reach those objectives may change. For example, if you are in retirement or close to retirement you may want to re-evaluate your personal investing strategy. Use our retiree guide to help you consider the changes that you face.
No matter what your circumstances, ICMA-RC is here to help you.
How do I select my retirement portfolio?
There are many different kinds of investments — stocks, bonds, CDs, etc. In the long run, it depends less on which stock or bond funds you choose and more on how much of each kind you invest in. The first step is to Select a Portfolio — a planned mix of stock and bond funds — that best fits your needs. The portfolio you select will depend on the amount of risk you can tolerate.
- Learn how to select the right portfolio for you
or ... - Receive a personalized professional investment advice from Guided Pathways®
How do I choose which funds are right for me?
Now that you have selected your portfolio it is necessary to choose mutual funds. There are many mutual funds available, so understanding how to compare funds will help you choose the funds that best meet your investment goals.
- Learn about choosing mutual funds
or ... - Receive personalized professional investment advice from Guided Pathways®
How should I invest as I approach and enter retirement?
There are many factors you’ll want to consider when preparing for retirement and managing your investments as your time horizon to invest becomes shorter. At this stage, as in any stage of investing, you’ll want to carefully consider your individual situation and needs.
What are the dos and don’ts of investing?
Once you have a portfolio you can stick with, you need to steer clear of common behaviors that have been shown to diminish returns over the long term and avoid common investing mistakes.