Managing risk is a critical part of every successful financial plan. There are many sorts of risks to consider when considering your plan.
Some of the risks we seek to identify and help you manage include:
(1) Investment Risk (2) Economic Risk (3) Inflation Risk (4) Interest Rate Risk (5) Longevity Risk (6) Health Risks (7) Untimely Death and Disability Risks (8) Tax and Regulatory Risks
There are three basic approaches to dealing with risk:
(1) Avoid Risk (2) Accept Risk (3) Manage Risk