Retirement Talk Radio's Podcast

How to Stress Test Your Financial Plan

Informações:

Sinopsis

No one can predict the future of finance, so how do you make sure your portfolio is able to withstand the inevitable swings in the market? The answer is through stress testing, which has proven to be a valuable tool in financial planning. In this episode, Laura Stover, RFC® and Michael Wallin, CFP® will walk you through how a portfolio is stress tested and explain what it’s trying to accomplish. The goal is to find out whether you have the most efficient portfolio possible that can give you the most amount of return, with the least amount of risk exposure, and we’ll break down how that’s done. The planning process is often more important than the plan itself and this is a key part of that process. By evaluating the different planning strategies and testing them against the stresses of the market, you’re better able to segregate and segment the assets in your portfolio to provide the income, growth and other elements necessary for financial security. Redefining Wealth® Custom Blueprint Income Plan: https://red