Financial Forecast: Planning That Can Weather the Elements

You can find financial lessons everywhere in life and today we’re going to relate planning to the weather, something we all pay attention to every day. From tornadoes to black ice, we’ll share the appropriate analogies for each type of forecast and explain how our approach to planning will help you prepare for all of the elements. Much like the weather, you have to be ready to face anything the day brings your way. Life, like retirement, doesn’t pause when the elements get a little rough. We have to use the tools available to handle the devastating force of a tornado and the unforeseen effects of the jet stream and help you better prepare in today’s episode.   Here’s some of what we discuss in this episode: Tornadoes happen quickly and cause large damage in minutes, which is much like a market downturn in retirement. The unseen force of the jet streams and how it affects all of the weather. How the heat index compares to the risk in your portfolio. How people slip on ‘black ice’ in retirement planning.   About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/  Palante Wealth Advisors: https://palantewealth.com/