Business
One of the main concerns I hear when looking to plan a retirement income stream with family businesses is that the "stockmarket is risky." While this old chestnut might get a run, it really is a cry for more information. Clients only get one chance at retirement and after a lifelong legacy of business that now needs to transition into managed money, I really believe that clients are wanting to seek confirmation that this decision they are about to undertake is the best one for them. Listen in here as I explain how the risks to clients in NOT investing in a broadly diversified portfolio of businesses whose primary goal is to grow profits and in turn dividends to ensure that your cost of living can be met without depleting your capital over a possible 30 year retirement period. I spoke about my man-crush on Nick Murray last episode and so I have provided a link to an interview he did a few years back which really supports this episode that I have provided today. Click to listen here: https://youtu.be/7lnwlBT6Al0 Thanks for listening and supporting Managed Money. Please subscribe on your preferred podcast platform and we really would appreciate a review on Apple podcasts to boost our visibility. Cheers.