Understanding Risk in Your Retirement Blueprint (Ep. 10)
Ever wonder how much more money you’d have if you could rewind your top financial mistakes? Where there’s smoke, there’s often fire – crucial lessons in managing risk.
In this episode, Ryan Thacker and Tyson Thacker tackle the often-overlooked topic of managing risk in retirement planning. With an election upon us and fluctuating markets creating uncertainty, understanding and managing risk is more critical than ever.
Ryan and Tyson discuss:
- (01:35) Why recognizing financial “cracks in the foundation” could be crucial to your retirement strategy
- (02:53) Lessons learned from real-life investment missteps emphasizing diversification and risk evaluation
- (06:39) The danger of high-risk ventures and essential precautions
- (20:00) Benefits of cash value life insurance for tax and security
- And more
Tune in to avoid common investment mistakes and learn how to construct a stable, secure retirement plan that aligns with your goals.
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Our firm assists retirees and pre-retirees in the creation of retirement strategies utilizing investment and insurance products. We are fiduciary financial planners who create custom retirement plans to help maximize social security and minimize tax and risk. Advisory services are offered through B.O.S.S. Retirement Advisors, a Registered Investment Advisory firm. Insurance products and services are offered through B.O.S.S. Retirement Solutions. Marketing materials are provided by Infinity Marketing Services.
This content is provided for informational purposes only. It is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation. We are not affiliated with any government agency including the Social Security Administration.
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