Show notes
Send us a textWelcome to part 2 of our 7-part series, where we’re diving into the 7 principles of Powerhouse Financial Advisors!Today’s episode is all about the importance of balancing risk, especially as retirement approaches. Steve and Walter discuss how different risks can impact retirement savings and why a risk management strategy can make a difference in building a resilient plan.Here’s some of what we discuss in this episode:0:00 – Intro0:58 – Misconceptions about risk3:16 – Managing risk approaching retirement 4:26 – Loss of purchasing power 6:52 – Life insurance8:16 – Disability insurance 9:33 – Long-term care planning 12:21 – Byline indicator 13:53 – The importance of professional guidanceGet your copy of Power Up Your 401K: https://keap.page/ngt919/toolkit.html Follow along on YouTube: https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9Sg Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12 Other ways to get in touch: Phone: (775) 266-8867Our website: https://powerhousefinancialadvisors.com/Email: [email protected] LinkedIn: https://www.linkedin.com/company/powerhouse-financial-advisors/Facebook: https://www.facebook.com/PowerhouseFinancialAdvisors