Page 22 - 060120 Senior Voice Citrus24 proof 4
P. 22
22 • JUNE 2020 - Senior Voice of Citrus County
Financial
Father’s Day: Tools Are Great for Father’s Day –
and for Investors
Ron Francis III house or condominium?) And These investments include broken, but to accommodate
Financial Advisor what you’ll do as a retiree those you’ve placed in your changes in your life, such as a
Edward Jones (Will you travel extensively IRA, your 401(k) or other em- new job, new family situation
Investments or stick close to home? Will ployer-sponsored retirement and new goals. Furthermore,
Inverness, Fl you do some type of work for plan, and those held outside over time, your risk tolerance
Ron.Francis@ pay or pursue your hobbies your formal retirement ac- may change, and this needs to
edwardjones.com and volunteer?). counts. Ideally, you want a be reflected in your array of
If you’re a dad, you may well Assembling the right tools diversified mix of investments investments. Consequently,
be pleased to unwrap some and materials – capable of providing growth conducting an annual portfo-
tools as Father’s Day gifts. Of potential over time, within the lio review with your financial
course, it might be a stereo- To put together your book- context of your individual risk professional should be a prior-
type that all men are handy at shelf, you will need the right tolerance. ity.
repairs; women certainly can tools – saw, hammer, drill, Review your work – Tools are a big deal on Fa-
be every bit as good when it sander – and the right building ther’s Day. But the con-
comes to building and fixing materials – plywood, nails, Once you’ve finished your struction-related tasks they
things. In fact, the construc- screws, glue, brackets, mold- bookshelf, you occasional- represent, physically and
tion process is valuable for ings. To work toward a com- ly may need to make some symbolically, go beyond any
anyone to learn – and the fortable retirement, you’ll also minor adjustments or repairs one holiday and can be used
same skills that go in to cre- need the right tool – in the in response to slippage, cracks by anyone interested in work-
ating and mending physical form of a long-term financial or other issues that can de- ing toward a solid financial
objects also can be applied to strategy, based on your specif- velop over time. As an in- future.
financial projects – such as ic retirement goals, risk toler- vestor, you also may need to
working toward a comfortable ance and time horizon – along tweak your financial strategy This article was written by
retirement. with the appropriate materials periodically and adjust your Edward Jones for use by
– the mix of investments you investment mix – not neces- your local Edward Jones
Here are a few of those skills: use to carry out that strategy. sarily because something is Financial Advisor.
Diagnosing the challenge –
A good craftsperson knows
that the first step toward ac-
complishing any outcome is
to assess the challenge. So, for
example, if you want to build
some bookshelves right into
the wall, you’ll need to locate
the wall studs, determine if
you have adequate space for
the shelving you want and
allow room for future expan-
sion. Similarly, if you want
to retire at a certain age, you
need to consider the key vari-
ables: your current and future
income (How much can you
count on from your retirement Ron Francis III edwardjones.com
Member SIPC
Financial Advisor
plans?), where you’ll live 2619 E Gulf To Lake Hwy #A2
(Will you downsize or relo- Inverness, FL 34453-3216
352-341-0579
cate? Will you rent or own a MKT-9811B-A
