Expert Retirement and Financial Advisor Mark Kinney Urges Retirees to Adopt a Defensive Investment Strategy

Seasoned retirement and financial strategist, Mark Kinney, discusses how retirees should adjust their investment strategies to protect and sustain their wealth.

Lee, Massachusetts—August 9, 2016—Founding partner of Toole, Kinney & Company, Inc., Mark Kinney, CFP®, published a new article entitled, “What Should Investing Look Like After You Retire?” In the article, he encourages retirees to avoid making any high-risk investments during their retirements.

Mark KinneyOn budgeting, Mark writes, “First and foremost, a conservative investment strategy is a defensive one. Before making any decisive investment moves after retirement, be sure that you’ve got an emergency fund (to cover a minimum of three months of expenses) set aside in case an unforeseen medical emergency should occur or the economy experiences a recession. Once that money is set aside (and easily accessible), you’re ready to explore investment options for your retirement.

As I mentioned earlier, retirement is not the time to gamble your wealth in any high-risk investments. If you lose big, then you likely won’t have the earning potential to restore your losses, which could put you in big financial trouble. Instead consider investment options that are known for their stability and consistent returns: treasury bonds and CDs could be a possibility for you. Though these options aren’t known for their extravagant returns, they are safer bets and better than losing money on a higher-risk investment.

The entire article can be found HERE.

About Mark Kinney

Mark D. Kinney, CFP®, has been advising clients for close to 30 years on how to maximize their retirement income in a sustainable, repeatable, and verifiable manner, while minimizing risk exposure to the daily turbulent financial markets. His keen insights into conservative and income generating investment options have been invaluable to those approaching or currently in retirement. In addition to his decades of experience and financial know-how, he held Series 7 and 63 FINRA Securities registrations for over 25 years, holds several insurance licenses, and has held the Certified Financial Planner (CFP®) designation in good standing for 20 years.

After successful careers with a number of reputable financial institutions, Kinney established Toole, Kinney, & Co., Inc., in 1999. Kinney has been cited on such national news outlets and financial publications as, Fox Business, NBC, Wall Street Select, and The Miami Herald. He remains active in several area charities, has participated in several marathons, including the Boston Marathon in 2013 and 2014, enjoys all activities outdoors, and currently lives in Stockbridge, Massachusetts.

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