Wealth Management & Funding Your Retirement When it comes to wealth management who better to discuss this with than Alan Smith is the CEO of Capital Asset Management. He maintains an active and compelling Twitter account. And this week, he is our guest on The Next 100 Days podcast. He started the company in 2004. Alan is an avid thrill seeker, having climbed Mount Kilimanjaro and has a passion for skiing and family holidays. Summary of the Podcast Financial Planning & Wealth Management * Graham seeks retirement guidance as he approaches 65. [If you believe I'm still in my 30s, then I have a bridge to sell you!] * Alan stresses the importance of a thorough financial plan. * That plan pinpoints your goals, the resources you have, and the strategies you'll take in this next phase of your life. * A plan's value lies not in completion but as a living framework to navigate life changes. Investment strategies and asset allocation * Alan details his "family fortress" portfolio of broad market index funds. * Along with his "investment playpen" of higher risk bets. * He advocates allocating primarily to equities for long-term growth outpacing inflation, though accepting short-term volatility. * You should focus on fees, costs, simplicity and diversification as priorities. Choosing a financial advisor * Alan argues an advisor pays for themselves through objective counsel in emotional times. * Look for credentials, independence, and a personal connection to guide complex decisions over decades. * Fees around 1-1.5% for advice and low-cost funds are reasonable compared to potential returns and risks avoided. Clips from the Podcast Did We Get The Wrong Alan Smith? https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Wealth-Management.mp4 Family Fortress & Investment Playpen https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Family-Fortress-Investment-Playpen.mp4 Included in Alan's wealth management driven "Investment Playpen" strategy are: * a couple of start-up companies * a little bit of bitcoin You should focus on the Family Fortress. Percentage split 95:5% An Investment Philosophy Based on Academic Research https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Proper-Research.mp4 Index or Active Fund Manager? https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-index-or-active-fund-manager.mp4 Get a Financial Plan completed for your Retirement https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-financial-plan.mp4   When I'm 65 https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-When-Im-65.mp4 Have an Investment STRATEGY https://thenext100days.org/wp-content/uploads/2024/04/Alan-Smith-Have-an-investment-strategy.mp4   The Big Takeaway