In this article series, we are exploring a few ways that I believe some clients and financial professionals may have a disconnect in their conversations about risk—especially when planning for retirement.
One of the most common words used in the investment world is risk. Of course, seasoned financial professionals will often qualify the term with a descriptor so that we get things like: market risk, interest rate risk, company risk, reinvestment risk, etc. In fact, the number of ways that risk can be broken down into specifics is somewhat overwhelming, especially if you’re a novice in the investment world.