F8: Retirement Reinvented I: Financial Basics & Risk Management

The investment universe offers a multitude of choices – choices that require decisions to be made by you, the investor. You may ask, what's wrong with simply playing it safe with all your retirement money and keeping it in cash instead of investing it? The answer is inflation. In the first part of this session we will cover the basics of investments such as the importance of emergency reserves, traditional cash reserves, government securities, municipal and corporate bonds, equity investment overviews, common and preferred stock, mutual funds, tax-deferred annuities, and asset allocation techniques. It's never too late to learn about investing and risk management! Managing your risks allows you to provide a solid foundation for your overall financial portfolio. If you don't cover your risks, a mistake could financially devastate you or your family. The first step in the risk management process is identifying areas that may cause you to experience financial loss. The second step is determining how to manage those risks. Four ways to manage risk include retaining, reducing, avoiding, and transferring. In this session, learn about managing risks, health insurance & Medicare, disability income insurance, long-term care, changing life insurance needs, and pension maximization & life insurance.

Purpose: Learn about financial basics and how to analyze and manage your risk, given your risk tolerance

Facilitator: Ken Wise (Guest Presenter - Touchstone Wealth Partners)