Prosperity Pathways

Christina Copobianco and I will be hosting NexGen Coffee socials every first thursday of the month. Our first one in next Thursday July 2nd, see details within the image. If you are an under 40 financial planner swing by for a coffee before heading in for your day. Special thank you to Brad Smelstor with First Trust in helping sponsor these events moving forward! We hope to see everyone there! :)

Wacky Wednesday.

There was a time when excitement meant concerts, late nights, and spontaneous road trips.

Now?

A lower insurance premium feels like winning the lottery.

What's something that would've sounded incredibly boring to your 25-year-old self but excites you today?

I'll start:

Getting home early and having no plans.

Visit us at: https://www.prosperityp.com/

I met with a couple recently who are hoping to retire in the next few years.

As we reviewed their investments, one thing immediately stood out:

Nearly 99% of their portfolio was invested in U.S. large growth stocks.

What's even more surprising?

They hadn't made any meaningful changes to their allocation in almost 10 years.

Now, to be fair, the portfolio had performed very well. That's exactly how they ended up here.

When one area of the market leads for an extended period of time, portfolios can gradually become much more concentrated than investors realize.

The concern wasn't that they owned U.S. large growth stocks.

The concern was that they were approaching retirement with virtually all of their investment risk tied to one segment of the market.

That's why periodic reviews matter.

Not because you need to constantly change investments.

But because markets change, allocations drift, and a portfolio that made sense 10 years ago may not be the portfolio you want heading into retirement.

A mid-year review can help answer questions like:

• Has my allocation drifted from my original strategy?
• Am I taking more risk than I realize?
• Is my portfolio properly diversified?
• Does my investment mix still align with my retirement goals?

Sometimes the biggest risk isn't poor performance.

It's allowing yesterday's allocation to become tomorrow's retirement plan.

If it's been a while since you've reviewed your investments, now may be a great time to take a fresh look.

Visit us at: https://www.prosperityp.com/

Preparation can sometimes be all you need to make the impossible, possible.

Preparation is the Key to Retirement The simplest ideas can sometimes make a massive difference over time. Enjoy this brief video to learn more.