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Featured Advisor



Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management

City:Northbrook

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

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July 23, 2015 Millionaire Fact of the Day

July 23, 2015 Fact of the Day:  What drives fears of not having enough in retirement?

 

 

DID YOU KNOW THAT THE COST OF HEALTHCARE IS THE #1 RETIREMENT WORRY, NO MATTER HOW WEALTHY YOU ARE?

 


 

 


 


 

Believing that you have enough funds for your retirement is higher among those with higher net worth.    But whether they have $500K or $5MM in net worth, significant numbers of people fear that they will not have enough money for retirement: 20% for UHNW, 33% for Millionaires, and 45% for Mass Affluent

And the primary cause of this fear is health care costs.  Among Mass Affluent and Millionaires who worry about retirement funds, 70% cite health care costs as the reason for that worry.  Among the UHNW investors who worry about retirement funds, 50% cite health care costs.

All of us will get older and have to deal with the health costs of aging.  But being prepared will make that easier, and reduce the worry and fear that goes with it.  Perhaps fine tuning your investment strategy can increase your retirement cushion, and reduce some of the concern about this issue.  

 

To learn more about Retirement and DC Participants click here or contact Randy Wostratzky at rwostratzky@spectrem.com or 224-544-5195