Retirement Elevated Podcast with Sean Lee

Why a Portfolio is Not a Plan

November 7, 2019

How effective is a portfolio that isn’t working in conjunction with a plan? If you’re just looking at the numbers in your accounts but not considering how that’s complimenting the other pieces to your plan, it’s not much more than speculation. This week we discuss why having a collection of financial products isn’t the same as having a plan.


Show Notes:


Today's Rundown: 

0:28 – Who is Sean pulling for in the World Series?

1:27 – What do we mean by ‘portfolio is not a plan’?

3:00 – You need a gameplan going into and having someone to help you with that is crucial.

4:46 – An advisor add significant value to a portfolio or a plan in three ways.

7:30 – What about some of the things that an advisor CAN’T do?

9:44 – When looking at planning, look at it from a holistic perspective.