Are you Risk Adverse or a Follower in Investing?
Preserving wealth becomes a major concern given Americans age 55+ will spend one third of their life in retirement.
In the latest episode of Aging with Grace 55+ podcast, Host A. Dale Josey digs into how annuities as a potentially attractive option. However, the fear factor sometimes prevents those over age 55 from risking any type of investment and those who do fall into four categories. In Part One of a Two Part series David Lau, founder and CEO of DPL Financial Partners, discusses two of the four typical investor personalities: (1) The Risk Adverse and (2) The Follower.
Also listen to Today’s Transitions’ Contributing Editor Lucy M. Pritchett shares short trip ideas for seniors. Episode 6 concludes with the story of a determined young man who despite numerous failures built a recognized brand for shoppers.