In Episode 5 of Conquering Retirement with AnnuityFYI Podcast, financial experts Tom and Brian Hamlin and Meg Odermatt discuss the critical importance of understanding risk tolerance in investment strategies. They emphasize the need for a well-balanced portfolio, especially as individuals approach retirement. The discussion covers various ways to help mitigate risks while still allowing for growth. They also highlight the Risk Tolerance Questionnaire available on the Annuity FYI website, a practical tool to help investors better understand their personal comfort with risk. The episode concludes with actionable advice for assessing financial health and making informed investment decisions.

Questions or comments, visit us here. And take our Risk Tolerance Questionnaire here!

Chapters

00:00 Introduction with the team

00:30 Introductions

00:41 Casual Conversations and Personal Updates

00:49 Industry Insights

01:50 Engaging with Audience Feedback

02:15 Understanding Risk Tolerance

04:19 The Importance of Knowing Your Risk Tolerance

06:40 Risk Tolerance and Investment Strategies

11:20 Adjusting Portfolios for Retirement

14:53 Emotional Aspects of Risk Tolerance

19:22 Mitigating Risk with Annuities

25:28 The Reality of Retirement Income

31:05 Taking the Risk Questionnaire

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In today’s episode of Conquering Retirement with Annuity FYI, Tom, Brian, and Meg dive into some of the most important factors for a secure and fulfilling retirement. They cover income needs, the relevance of the 4% rule, and how fixed indexed annuities can play a role in your strategy. This conversation also explores homeownership, lifestyle planning, and why working with a financial planner can make all the difference when navigating retirement’s complexities! Have a question you’d like answered on the show? Email us at newsletters@annuityfyi.com, we’d love to hear from you!

Chapters

00:00 Understanding Retirement Needs

04:08 The 4% Rule and Its Relevance

07:24 Strategies for Fixed Indexed Annuities

13:00 Home Ownership and Retirement Planning

16:10 Final Thoughts and Takeaways

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In this conversation, financial experts Tom and Brian Hamlin and Meg Odermatt discuss the three biggest regrets investors have as they approach retirement. They emphasize the importance of starting to save early, understanding risk tolerance, and managing expenses to maximize savings. The discussion also highlights the power of compound interest and the necessity of planning for longevity and inflation in retirement. Your experts here at Annuity FYI provide practical advice on how to treat savings as a priority and the importance of fully funding retirement accounts, such as 401 (k) s. Visit https://www.annuityfyi.com/ for more information or give us a call at 1-866-410-5315.Chapters:00:00 Understanding Retirement Regrets07:37 The Importance of Early Investment14:00 Key Takeaways on Retirement Planning#retirement #investmentregrets #risktolerance #compoundinterest #financialplanning #savings #longevity #inflation #markettiming #401k

Worried about running out of money in retirement? Listen to this! In this episode of Conquering Retirement with Annuity FYI, Tom Hamlin and the team explore smart strategies to help ensure your income lasts as long as you do. Tune in for expert tips, real-world examples, and practical steps you can take today to retire with confidence.

Come visit us at https://www.annuityfyi.com/ today!

Chapters:

00:40 Understanding Retirement Concerns

02:15 The Importance of Financial Security

05:08 Strategies to Avoid Outliving Retirement

09:56 Diversification and Annuities in Retirement Planning

13:39 Conclusion and Final Thoughts

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In this conversation, Tom, Brian, and Megan discuss various strategies for retirement planning, focusing on reducing taxable income, the benefits of Roth IRAs, and the importance of financial planning. They explore the implications of tax strategies, including Roth conversions and annuities, and emphasize the need for personalized financial advice to navigate retirement successfully.

Have a question about retirement? Email us at newsletters@annuityfyi.com—we might answer it on an upcoming episode! You can also visit annuityfyi.com for more expert insights.

Chapters

00:00 - Introduction and Guest Introduction

01:43 - Strategies for Reducing Taxable Income in Retirement

10:09 - Roth Conversions and Tax Planning

14:21 - The Importance of Financial Planning and Strategy