Retirement Planning Tips From The Financial Advisors At WealthTrust-Arizona

SCOTTSDALE, Ariz. - Jan. 22, 2014 - PRLog -- Planning for retirement requires a lot of time, money – and sound investment strategies. That is why it is a good idea to seek professional assistance when beginning the retirement planning process. WealthTrust-Arizona, a financial advising firm based in Scottsdale, Arizona, offers retirement planning strategies individualized to meet your unique financial circumstances and retirement goals. Below are a few retirement planning tips from the experts at WealthTrust-Arizona to help you get started:

1. Stay Ahead of Inflation

Not accounting for inflation is one of the biggest mistakes people make when planning for retirement. If your retirement portfolio isn't on track to keep pace with inflation, you simply will not be able to save the money you need to fund your retirement.

2. Calculate Your Risk Tolerance Based on Your Time Horizon

If you've got a lot of time to invest before retirement, you'll have a higher risk tolerance – the ability to handle potential losses – than if you are planning to retire in a few years. Investing for your time horizon can go a long way to ensuring you have the funds you need when you need them – and that you don't outlive your retirement savings.

3. Diversify

Diversifying your retirement savings portfolio with multiple types of investments can help you manage the ups and downs inherent to investing. Different types of investments come with different levels of risk, and a financial planner can help you determine the right balance for your portfolio based on your time horizon and retirement goals.

By following these tips, and working with a professional financial planner, you can help to ensure you have all the money you will need to live a long, comfortable retirement. For more information regarding the retirement planning services available at WealthTrust-Arizona, visit http://www.wealthtrust-arizona.com.

About WealthTrust-Arizona

WealthTrust-Arizona is a fee-based investment advisory firm that specializes in integrating portfolio management with estate planning for high net worth individuals and families. Services include portfolio management, estate planning, asset and lifestyle preservation, taxation concerns, access to trust and estate documentation preparation, business succession planning and more. The professionals at <a href="http://www.wealthtrust-arizona.com">WealthTrust-Arizona</a> are frequently sought out by the national media such as The Wall Street Journal, Forbes, New York Times, CNBC, Bloomberg Radio, and others to share their thoughts on matters that impact our clients.

Advisory services offered through WealthTrust-Arizona, a registered investment advisor. WealthTrust-Arizona does not engage in the trust business in the state of Arizona or in any other jurisdiction. Not FDIC insured. Not bank guaranteed. May lose value, including loss of principal. Not insured by any state or federal agency.