This week's episode of the Common Sense Investing show, hosted by Victor McClure from McClure Capital Wealth Management, delves into Victor's insights from his near-40-year career in financial advising, emphasizing the challenges of establishing a client base and the tenacity required in the industry.
The show gets into a Global Atlantic study revealing that a majority of investors, particularly those nearing retirement, express concerns about the longevity of their retirement income amidst rising expenses and market volatility. Victor uses the analogy of comparing retirement plans to car reliability, urging listeners to strive for a retirement plan with a high success probability rather than settling for moderate assurance. He underscores the importance of creating comprehensive and stress-tested retirement plans that account for inflation, healthcare costs, and potential economic shifts, ensuring stable income without overdependence on market variables. The episode provides valuable insights into effective retirement strategies, encouraging listeners to prioritize dependable income solutions and continuous self-improvement.
For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/