The Discerning Investor: Personal Portfolio Management in Retirement for Lawyers (and Their Clients) - Julie Jason

The Discerning Investor: Personal Portfolio Management in Retirement for Lawyers (and Their Clients) Julie Jason ISBN 9781639050628

The Discerning Investor addresses one of the most critical phases in an investor’s life: the transition into retirement.

Many retirees continue to manage their investments the same way they did in their 40s and 50s, not realizing that retirement requires a completely different approach—one that secures financial stability for 30 or more years without a steady paycheck. The Discerning Investor provides a clear framework for building and managing a retirement portfolio, with a strong emphasis on anticipating and avoiding common mistakes, such as misjudging risk.

Part I introduces the fundamentals of personal portfolio management, including strategies for managing uncertainty—an inherent part of every investor’s life.

Part II focuses on the “personal” side of portfolio management, helping you understand your own financial numbers and needs. Topics include calculating your retirement income gap, evaluating sources of cash flow for withdrawals, projecting future needs, and setting investment objectives while monitoring progress over time.

Part III offers insights and practical tools for evaluating the experts who manage retirement portfolios. It guides readers in comparing firms based on their service models, with a special focus on conflicts of interest that can compromise unbiased advice. The author’s expertise shines in the detailed discussion of Form CRS, an SEC-mandated disclosure rolled out in June 2020, which helps investors quickly understand what their experience might be like with a particular brokerage or investment advisory firm.

Part IV returns to personalization, offering self-assessment tools to help you translate planning into actionable investment strategies. A particularly innovative tool—the Know Your Representative Rule, modeled on the brokerage industry’s Know Your Customer Rule—enables investors to evaluate choices and strategies in light of their own perspectives and priorities.

The Discerning Investor equips you with insights and a structured framework to confidently manage your retirement portfolio, tailored to your own needs and risk tolerance.

The Discerning Investor: Personal Portfolio Management in Retirement for Lawyers (and Their Clients) Julie Jason ISBN 9781639050628, 978-1639050628 & 9781639050635

Author
Julie Jason