Subscribe With Your Favorite App Show Notes Even if you’ve been saving your money and investing for a long time it’s easy to make rookie
In This Video: Investing strategies change over time depending on your needs and where you are in life. As you begin to approach that retirement
When the stock market drops, that can be a pretty scary feeling for some. That emotion is tied into risk and it’s important that you understand how much investment risk you’re taking on. Let’s talk about ways you can determine your risk level, strategies to help reduce risk without reducing opportunity, and what it could all mean for your retirement savings.
We are opening up the mailbag today. George wants to know how much risk he should take with his investments and Robert wonders which Roth – 401k or IRA – is better? We’ll also discuss the best way to help your parents with their investments and whether it’s smart to take Social Security early.
As you move into that final decade before retirement, planning becomes crucial for long-term success. We call this the Financial Danger Zone. Today we’ll identify the changes that need to happen as you approach retirement and what areas require the most attention as you transition into the next chapter of life.