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Each week Fred discusses a different subject related to managing risk in retirement. Fred defines retirement risk as having three elements: Uncertainty, exposure, and hazard. All three are necessary. Risk is not the same as volatility. Volatility is not risk. Volatility is actually variance which allows you to measure possible return against a benchmark. Every advisor needs to have a definition of risk which informs the process followed.

New podcasts are available every Friday.

 

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