Risk

Risk is all around us. It is impossible to eliminate risk all together in our lives. But we can make better choices to lower the impact of the consequences those risks can have on us and those around us. This is why we have health insurance, car insurance, homeowner insurance, renter insurance, etc. You’ll often hear us ask if your house is in order. To have your house in order, you need to be prepared for events that could dramatically change your financial situation. Here are a few of the risks we will assess:

• Loss of income due to disability
• Loss of income due to death
• Proper diversification in portfolio (market ups and downs)
• Proper completion of medical directives
• Risk of outliving your savings
• Risk of nursing home care