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This article brought to you courtesy of Matt Stutes of Cornerstone Wealth Management, Canby Herald Financial Planning Expert.

Matt Stutes, CFP

For years, you've diligently invested in your retirement portfolio, accumulating wealth that you hope will sustain you throughout your Golden Years. To help see that your assets are sufficient for supporting your lifestyle standards, there are important steps that you can take.

Perform Regular Assessments. While you may have calculated your anticipated retirement needs years ago, it's helpful to re-crunch those numbers regularly, to guard against changes in your expectations as well as financial markets.

Calculate your Social Security. Add income, pension moneys, accumulated savings, and personal investments, then determine whether they can cover your estimated living expenses, which should incorporate swings in the financial markets. If you find that your assets are lacking, you may find it helpful to consult a financial professional to help reconfigure your portfolio.

Guard Against the Big One. Most people approaching retirement will want to protect their portfolio from market swings and the dreaded Ione, inflation. That doesn't mean replacing all your investments with less risky assets; rather, that means considering a gradual move of some stock investments into bonds and cash while retaining sufficient growth-oriented investments that help manage inflation risk.

Preserving your assets for Future Generations. Integral to a strong financial plan is a well-constructed estate plan that preserves your assets for your

heirs. In this regard, you may benefit from consulting with an attorney who can help you draft trust and various types of insurance tools to help protect your assets from estate taxes. Additionally, revisit your financial plan and goals with a financial professional regularly, addressing any potential problems before they impact your savings.

Cornerstone Wealth management

486 NW 2nd Avenue

Canby, OR 97013

503-266-7431

www.thecwmgroup.com

Securities and advisory services offered through LPL

Financial, a registered investment advisor. Member

FINRA/SIPC.

The opinions voiced in this material are for general

information only and are not intended to provide

specific advice or recommendations for any individual.

Rebalancing a portfolio may cause investors to incur

tax liabilities and/or transaction costs and does not

assure a profit or protect against a loss.

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