A Relaxing Retirement is in Reach But Only If Your Investment Strategy Is On Board
In order to retire successfully, there are a lot of good decisions that need to be made along the way. Our sole purpose at Innovative Wealth Management is to provide you with the information you need to make those good decisions.
We start by enhancing your investment portfolio, and then we work with you to connect the dots between your Social Security, Medicare and Estate Planning solutions to coordinate every aspect of your strategy. The goal? Your enjoyable retirement.
Risk Number® Technology
The core of a successful financial plan is your investment strategy, so we always start there, and we use the latest technology through Riskalyze to do so. Riskalyze is a Nobel-prize winning mathematical platform that looks at how much risk you're comfortable with, how much risk you have in your investment portfolio now and how much you need to take to reach your goals.
Whether you’re preparing for retirement or already enjoying it, we make sure you’re on track to retire how and when you want by first uncovering your Risk Number®.
The first step to improving your retirement strategy is to take a quick quiz. This 5-minute assessment looks into your portfolio size, financial goals and what kind of risk you’re comfortable with. By finding out your exact Risk Number®, we’ll have a starting point to make the right decisions for your strategy.
How It Works
Look at Your Current Investments
For many people, the amount of risk in their portfolios is more than they realize, which can be dangerous when heading into retirement. The Riskalyze platform helps us match your personal Risk Number® with your portfolio.
Develop a Portfolio to Match Your Risk Number®
After discovering your Risk Number®, we’ll create a portfolio to match. The ideal portfolio will take into account your priorities and personal preferences, so you’ll feel at ease with the amount of risk in your portfolio.
Conduct a Stress Test of Your Investments
We’ll show you the potential gains and losses you might see over time, but we’ll also put your new proposed portfolio through stress tests. Stress tests show you how your new portfolio would have done in the market events that have occurred over the past several years.
Review Your Potential Risk & Reward
We’ll go through each proposed investment for your portfolio to depict how much risk and reward each represents. In doing so, we’ll be able to review all possibilities before implementing changes in your portfolio.
Reach Your Retirement Goals
Your portfolio is important in that it can help you meet the goals you have for the rest of your life. We’ll compare your current portfolio with the proposed one to see how we can get you closer to your definition of success.
The Path to an Enjoyable Retirement Starts Here
We’re dedicated to making meaningful change in the financial lives of hardworking families and blue-collar workers through fee-based, proactive planning. We invite you to learn more about how we can coordinate your retirement strategy by taking a look around and learning more about what we do for our clients.