How Much Risk Is Right for Your Retirement Plan?
If you have ever looked at your accounts and wondered, “Should I start pulling back the risk in my investments?” this episode is for you. Michael, CFP®, EA unpacks portfolio de-risking.
We look at what happens when your time horizon shrinks, why the often forgot about sequence of returns risk can quickly wreck a person's plan, and how to think about shifting from growth mode to enjoy your savings mode. JFK shows up with a surprisingly useful quote, football metaphors sneak into the conversation, and we explore that tension between wanting more and protecting what you've already built.
You will walk away with a clearer understanding of how de risking works and how you may want to think about things like stocks, bonds, cash, options, alternatives, diversification, and the spicy annuity conversation. It is all about taking calculated risk.
Topics:
💭 Why sequence of returns risk is a silent retirement killer
💭 When to maybe start planning for risk adjustments
💭 How stocks, bonds, cash, and alternatives can work together
💭 Why too conservative can hurt just as much as too aggressive
💭 What to know before considering annuities
💭 How to think about “winning the fourth quarter” of your retirement plan
If you have ever wondered how to balance growth and safety on the doorstep of retirement, this episode gives you a roadmap to start thinking it through.
