When people think of their money and working with a financial advisor, the primary risk that comes to mind is the stock market and volatility. That’s obviously the biggest and the most talked about, but there are many more risks to your retirement that don’t always get the attention they deserve.
This week’s show will highlight seven risks we must address with planning: market, liquidity, concentration, reinvestment, inflation, horizon, and opportunity loss.
Here’s some of what we discuss in this episode:
- The role of financial advisors as risk managers.
- How market volatility risk might play a factor for folks getting closer to retirement.
- How we help our clients understand their risk tolerance and how it relates to their current portfolio.
- Defining different types of risk and how they affect you financially.
WAYS TO CONNECT:
Book a 15-minute discovery call with the team here: https://calendly.com/rachel-bwg
Visit https://bulmanwealth.com/marcos-lemus to learn more about Marcos Lemus and the other members of the team.
If you have any questions about what we discussed or anything else in your financial plan, email us at ask@bulmanwealth.com. You can also reach the team by phone at (916) 458-8199.
Popular Podcasts
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.