Managing Risk

Learn how to manage risk as you get closer to reaching retirement

Regardless of your age or your financial situation, every investment decision entails some sort of risk. We will work with you to identify the factors and risks most relevant to your situation and plan for them, including:

LONGEVITYLonger life expectancy means your assets have to last longer. You have to consider the possibility of living 20 or 30 years after you retire.
INFLATIONFor example, health insurance premiums and prescription costs are rapidly increasing. If you are retired, this would increase your cost of living, erode the value of your savings and reduce your purchasing power.
SPENDING AND
WITHDRAWALS
Overspending, living beyond your means or withdrawing more than the recommended percentage from your retirement funds can adversely affect how long your assets last.
MARKET RISKSMarket declines and the timing of these declines pose risks. How and where your assets are allocated across different asset classes plays a key role in managing this risk.
UNKNOWN RISKSMajor health events, disability, long-term care needs and other unexpected occurrences can complicate a retirement plan.

Contact us for more information on how we’ll work together to help address these risks by applying a comprehensive process to plan your retirement.

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