Investment Review - Health Changes
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Acclaimed Financial Advisor
Barron’s has seven times (2004–2010) ranked Ric Edelman among America’s 100 top financial advisors. In 2009 and 2010, Ric was ranked the #1 independent financial advisor in the nation by Barron's*. In 2004, Ric was inducted into the Financial Advisor Hall of Fame, ranked the #1 advisor in the nation by Research Magazine for his focus on the individual client and ranked #42 on Registered Rep magazine’s list of “America’s Top 50 Advisors.” Inc. magazine three times named the firm the fastest-growing privately-held financial planning firm in the country. Ric received an honorary doctorate from Rowan University in 1999, and in 2007 was inducted into the Rowan University Public Relations Student Society of America Hall of Fame.
Investment Review - Health Changes
Financial Advisor Ric Edelman discusses how a sudden change in health can impact your investment needs in many ways.
Transcripts
Ric Edelman: Hi! I am Ric Edelman, ranked the number one Independent Financial Advisor in the nation by Barron's.
This week I am showing you why you need to complete a yearend review of your investments, including any major life changes that includes your health. A sudden change in health can impact your investment needs in many ways. If you have developed a serious illness or a disability, you might not be able to work and that means you might be struggling to get by without a paycheck. But your investments can help. It's possible to draw an income from your investments to tide you over. To do this, you will want to adjust your asset allocation. There are many ways an illness can impact your portfolio. The thing to do that's important is to think about how it would impact your investments and then adjust to fit your new circumstances.
How do you know if your portfolio is right for your goals and risks, I'll show you in my next video?
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