Do It Yourself or “DIY” Retirement Planning

“Do It Yourself” or DIY retirement planning is probably a phrase you never thought you’d consider.  With traditional pensions declining, individuals are starting to work on planning their retirement by themselves.  Typically, you’re on your own when it comes to saving for retirement, or for the rest of your life.  This is definitely a tough challenge for many individuals. To help you begin planning for retirement, you can apply concepts from portfolios that others have used to accumulate assets while building their own portfolios.  While saving for retirement, the typical investment portfolio will allow you to divide your assets into classes.  These classes have very specific characteristics and typically act differently in the up vs. down markets.

When you’re planning your own retirement, “investment risk” is a very real concern. It’s important to keep in mind that your portfolio might lose money and might not be able to handle inflation.  The goal here is to hopefully minimize the undesirable outcomes.  There are some things you should try and think about when creating a “DIY” retirement portfolio.  While it may be hard, you should try to obtain enough income that you will not be able to outlive.  Try to push the limit of the amount of income that you expect to be paid throughout the rest of your life. Begin to set aside even more money to account for inflation. Also think about potential medical or emergency situations that you need to account for, and try not to withdraw money from your Social Security before it is time.

Of course it’s not easy to have a worry-free retirement when your retirement nest-egg is invested on the risky stock market.  On-going fees and commissions along with the risk and corruption that exists within the financial industry could cost you a great deal of your retirement savings, and that’s money you cannot make up if you’re already in retirement and not working.  Get educated on the exclusive Crash Proof Retirement System which is guaranteed to protect your principle so when the market crashes, your accounts stay even, but can also be designed to generate income and take advantage of market increases.  Start your education today by calling 1-800-722-9728 or go to and register to attend a no-cost/no-obligation educational event with the creator of the proprietary Crash Proof Retirement System: Phil Cannella.