So you’ve done a good job saving and investing over the years. You’ve lived on less than you’ve earned, kept yourself out of debt, and your investments have done pretty well. That means everything will be simple for you in retirement, right? Not necessarily.
As advisors, we are constantly immersed in retirement planning. But for the average person, retirement planning can be a lot harder than it looks. Today, we’ll break down whether Social Security, risk, diversification, and 401(k)s are truly easy or a bit more complicated than we realize.
Are you someone who doesn’t mind riding the rollercoaster of investment ups and downs? If so, you are more of a risk taker. But not everyone is. Today we’re talking about risk tolerance and how to figure out what your level is.