Personal Retirement Accounts with Mike McAlleer

Target Date Funds have become a part of most 401k plans. Is there another choice? Mike McAleer joins me to discuss how a personalized retirement account should be a consideration.
Personalized Retirement Accounts is a product of Russell Investments Capital, LLC (“RICap”). The implementation of Personalized Retirement Accounts in investors’ portfolios and related investment advice are provided through investment advisers and other financial intermediaries that are independent of RICap and its affiliates. The advice provided by RICap in Personalized Retirement Planner is based on asset-class level assumptions only. Personalized Retirement Accounts utilize processes and components of Russell Investments’ U.S. patent number 8,671,045, entitled “Method and System for Implementing an Adaptive Investing Methodology.”
All investments carry some level of risk. Investments in Personalized Retirement Accounts are not guaranteed. It is possible that participants won’t meet their retirement income goal, and they could potentially lose the money invested (principal).
Personalized Retirement Accounts utilize a quantitative model to determine the customized asset allocation. There can be no assurance that the model will enable a Personalized Retirement Account to achieve its objective, and the quantitative models may be flawed or not work as anticipated.
Participants pay a fee to invest in a Personalized Retirement Account.
Russell Investments’ ownership is composed of a majority stake held by funds managed by TA Associates with minority stakes held by funds managed by Reverence Capital Partners and Russell Investments’ management.
Russell Investments is an independent organization and is not affiliated with The 401(k) Study Group.
RIFIS-23444