Advisors often help clients find and accept approaches to their investments that balance financial goals and risk tolerance. This process can involve helping clients understand that risk cannot be avoided entirely and that putting money in the proverbial mattress is not cost-free. But the statistics and terminology used in retirement planning can often encourage extreme risk avoidance rather than risk management, which involves a measured understanding of the costs and benefits of risk and reward in retirement.In this webinar we discussed the nature of retirement income risk and some ideas for how to communicate with clients about risk in retirement.
