Equipping Points:
What kind of risks do you take in your financial life? As you get less comfortable with things like climbing up ladders and riding on skateboards, you might also become less financially risky. When you enter retirement, how you view your money in the market changes significantly from your working years. It’s important to look at your portfolio to ensure your investments match your risk tolerance.
Eric and his team use a risk analysis with prospective clients to help them understand what you have and how exposed you are to risk. From there, you can better make adjustments according to your risk tolerance and financial plan to put your mind at ease. Before you get lulled into a false sense of security, take a look at what you actually have and why. Meeting with a financial advisor can help you find out what kind of risks you have and move you in the right direction.
Here’s some of what we discuss in this episode:
- What kind of financial risks do Eric’s clients take?
- How often does a person’s portfolio match their risk tolerance?
- How do you know what your risk profile is?
- Why do people take unnecessary risk?
If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here.
Today’s Takeaway:
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