Everyone is different when it comes to risk tolerance. A lot of us think we are risk-averse, but we may be taking on more risk than we realize. On today’s episode, Phil is going to discuss risk aversion and how it affects our retirement plan.
Read more and get additional financial information: https://philstaxhacks.com/podcast/what-is-risk-aversion/
What we discuss today:
0:28 – Enjoying the fall
1:27 – California’s new law
2:38 - $600 IRS Report
6:00 – Being risk-averse
7:14 – Risk of inflation
9:33 – Market risk
12:00 – Why are we at risk?
14:04 – How do we address risk?
Ep 33: Coronavirus Update - CARES Act and Taxes
Ep 32: Preparing for the Stages Leading Up to Retirement
Ep 31: Coronavirus Market Update
Ep 30: What’s Your Desire To Retire?
Ep 29: Considering Your Emotions When Making Financial Decisions
Ep 28: How To Set Realistic Financial & Retirement Goals
Ep 27: Understanding the Pros & Cons of Roth Conversions
Ep 26: Traits Your Advisor Should Have
Ep 25: Will Retirement Age Continue to Rise?
Ep 24: Managing Cash & Debt in Retirement
Ep 23: Beware of Bias in Financial Media
Ep 22: Are These Excuses Keeping Your From Retirement?
Ep 21: The Ins and Outs of Mutual Funds
Ep 20: 5 Biggest Social Security Misunderstandings
Ep 19: Are You Making These Critical Estate Planning Errors?
Ep 18: Finding Silver Linings in Unfortunate Financial Situations
Ep 17: 5 Ways We Sabotage Our Own Retirement
Ep 16: How To Have Those Awkward Financial Conversations
Ep 15: Retirement Constants That Will Affect Everyone
Ep #14: How to Live a Retirement Without Regret
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast