Risk Management

At Richardson Retirement Solutions, we feel that it is important to know and understand your risk tolerance.  We understand that the tolerance for Risk may change as you get closer to Retirement age.  We help reduce the risk in our retirement planning by using a mix of Investments and Insurance Products.   We have found when working with clients that their retirement portfolios had more risk exposure than their life standards could afford.   With proper planning, you may reduce the risk in your retirement by using, for one example, Annuities, for the portion of your retirement money that you need to use for Income.  There are many Strategies and Solutions to help reduce not only market risk, but paying too much in taxes, having too much money making too low of interest or interest rate risk, and liquidity risk.

We analyze your current situation and show you options and solutions that will help you attain and sustain your retirement Goals!

We have a strategy that will determine how much of your investments will be needed to meet your core retirement income, and that amount will be invested in conservative investments or guaranteed income annuities, helping to alleviate the risk of running out of retirement income due to stock market losses.  Then, the other portion of your investable assets can be invested in more growth oriented models to help with inflation protection.

At Richardson Retirement Solutions, we feel that alleviating as much risk as possible from the money you will need for retirement income will help lead to a stress-free retirement.

We use Insurance Companies to help protect you, your family, and your assets.  This includes: Life Insurance Planning either to cover a certain time period with a high death benefit for lower premiums to Lump-Sum Life Insurance that has a Chronic Illness benefit that you can use while still alive, and also Life Insurance Planning where you take withdrawals from the cash value and it may be tax-free!

There are many Strategies with Life Insurance Planning that can help alleviate the risk no matter what stage of life you are in!