Why Risk Tolerance Questionnaires Don’t Work for Determining Retirement Strategies

Retirement Talk Podcast with Laura Stover

English - October 15, 2021 10:00 - 28 minutes - 39.1 MB - ★★★★ - 38 ratings
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Previous Episode: 3 Ways Early Retirees Can Minimize Their Health Insurance Costs

Next Episode: 12 Questions Retirees Often Get Wrong about Taxes and Retirement

When planning for your retirement and the strategies you’ll use to plan for it, many firms will have investors complete risk tolerance questionnaires. While these work to get a base-line understanding of where you are, they are an outdated approach for planning.

In this episode, we’re discussing what these questionnaires ask, why they’re outdated, and the three L’s that Dr. Wade Pfau believes you should be concerned about when planning for retirement.

Review the article mentioned in today’s show >>

Today's episode and show notes can also be accessed by visiting:

https://redefiningwealth.info/74-why-risk-tolerance-questionnaires-dont-work-for-determining-retirement-strategies/

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