When many individuals think of risk, a stock market crash comes to mind. If the stock market crashes, how much will you lose? You probably have no idea. It’s probably a lot more than you think and a lot more than you could withstand. But stock market volatility isn’t the only risk. There are many other risks that can wreak havoc with your retirement plans, like unforeseen health care costs, loss of income from the loss of a spouse, improper Social Security withdrawals, inflation, lifetime tax burdens, investment losses, and much more.
identify your risks and discuss risk management strategies to preserve what you’re working so hard to attain.
Alpha 1 Tax & Wealth will help you