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April 2015
Lifestyle Connection
Monthly Tidbits from RedRock
You Don't Need to Be
Rich, To Retire Happy
   

Making sure you are happy in retirement doesn't require all the money you think it might.

 

According to a recent survey, happy retirees will average about $82,000 in current household income and it will come from just two or three sources, yet the unhappiest of retirees make about $42,000 in income, from more than 3 sources.  The happiest of retirees have a liquid net worth of about 500K, creating a level of comfort with a significant safety net. 

More Ideas on What it Takes to Be Happy In Retirement

Diversification, the Key
to Reducing Risk in Your
Portfolio
     
  

LPL's Chief Investment Officer, Burt White,wrote a letter to investors last month on the importance of diversification in your investment portfolio and we couldn't agree more.  

 
Diversification reduces risk by allocating investments among various financial instruments, industries and other categories. Although it's not a guarantee against loss, diversification is among the most important component of reaching long-range financial goals while minimizing risk. 

 

Read Burt White's Letter to Investors

Ronan Tynan
A Modern Day Renaissance Man
   

 

At the LPL 2015 Masters Conference Diane and Barbara were inspired by Dr. Ronan Tynan, Irish tenor, recording artist, physician, and champion disabled athelete.  He was our keynote speaker and we were thrilled when he sang two beautiful songs for us!

 

Read more about Ronan Tynan

 Diane Knight, CFP�, Kathleen Carpenter, CFP�, Benjamin Knight, CFP�, Kim Huber, CFP� and Barbara Wagoner, CFP� are Registered Representatives with and Securities offered through LPL Financial, Member FINRA/SIPC.

 

  

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