Defined Outcome ETFs
What are your thoughts on the Defined Outcome ETFs (or Buffer ETFs)? We are nearing retirement (in 2-5 years) and wondering if it would be prudent to include these as part of our investment portfolio.
Also, I am not sure if it matters or not, but we do not have annuities as part of our current portfolio. Does a consideration of annuities vs. Define Outcome ETFs even come into play?
If your answer matters relative to our specific situation, we are nearing 3 million dollars in assets (excluding our home’s value); we have no traditional pension.
Terry Says
My personal opinion is that you’re getting way too sophisticated — OR someone is trying to sell you some expensive products as “protection.”
Instead, may I suggest you meet with a fee-only FIDUCIARY advisor who is not trying to sell you anything!
Please read this: https://www.terrysavage.com/pam-krueger-wealthramp/
At this stage of your life, your “asset allocation” and diversification (and “chicken money”) is far more important than limiting your market exposure with the products you describe.
