The common
concept is "saving for retirement," generally meant to include
savings accounts, certificates of deposit, interest bearing
securities, and money market accounts.
While these investments have a role in your nest egg, the safety and
security they offer for your investment is offset by their possible
failure to keep pace with inflation. The goal is long term growth so
that you can maintain your standard of living in retirement, and
this may require a combination of types of investments.
This
workshop covers the following topics concerned with saving and
investment issues and strategies.
The
Basic Asset Classes
Your return on investment depends on how you allocate your money
among the various classes of investments.
Stocks
and Mutual Funds
Offer the best opportunity for growing your nest egg potentially
into double digit returns. For the past 70 years stocks have
generated an average return of 11% far better than bonds or savings
accounts.
Asset
Allocation
The balance among the basic asset classes depends on a number of
factors discussed in the workshop.
Diversification
No single investment performs well all the time. How to
diversify and minimize your risk .
Risk -
Return
How to measure risk versus return, bigger gain means bigger
risk. How to assess and reduce your risks.
Benchmarking
How to know if your investments are winning. There are
measurements which will help you in assessing performance.
Getting
the Most Out of Your 401 (k)
How to manage your 401 (k) for the greatest return when you're
ready to retire.
