Retirement Distribution Planning
Let’s Talk About Risk!
Why is there such an emphasis on my risk tolerance?
Gauging your risk tolerance is critical. If we go through the planning process and move forward with a plan and we begin investing your money. Only to find out after the fact that you really cannot handle the stress of the fluctuations of the investments we have chosen. And you quit mid-way through before the plan has proven itself. We have failed each other. We both lose. You may have lost money by selling too soon. We will lose you as a client.
It is best by starting on the right foot. Please complete the following risk tolerance questionnaire. Please be truthful with yourself. If you are married we ask that both of you complete a separate questionnaire.
Once we have the risk tolerance questionnaires completed and reviewed. For simplicity sake there are basically two paths we can take. Let us better explain in extremes. If you are risk adverse and cannot sleep at night if you are losing money, you need to be invested in Certificates of Deposit, Treasury Bonds or Fixed Annuities. On the other hand, if you are able to handle some risk, we can venture into other investments. But we must determine what level of risk you can tolerate.
Well, I do not want to lose any money.
I know we are repeating ourselves here, but if you are risk adverse and cannot sleep at night if you are or have the chance of losing money, you need to be invested in Certificates of Deposit, Treasury Bonds or Fixed Annuities.
It is plain and simple. You should not venture outside of these investments.
We can help.
I am willing to accept some risk.
Please complete the fillable questionnaire and email it to us. Once you have done so continue to Advizr Express and complete the 5 point questionnaire.
What do you mean by risk tolerance, what kind of risk are we talking about?
You may think that determining your risk tolerance, your ability to handle risk is all that there is to it. You would be wrong. There are many types of risk. It may behoove you to read further to get a better grasp on the breadth of the types of risk.