Stress Testing Your Financial Plan

How do you know if you can withstand a market downturn, substantial unexpected expenses, or income reduction in retirement? Those are all things that can cause a lot of financial stress, especially when you're no longer receiving a paycheck in retirement. That's why it's so critical to have a forward-looking financial plan that has been stress tested through various economic conditions so you can get to and through retirement with clarity and confidence. Dean Barber and Bud Kasper, CFP®, AIF® are going to help us explain how we go about stress testing someone's plan. We'll identify different types of risk that are important to plan for as you're stress testing your financial plan and how to know if you have a successful plan.  Retirement Plan Checklist: https://bit.ly/3uP6GJf  What Is a Monte Carlo Simulation?: https://bit.ly/47DfyAr  Tax Rates Sunset in 2026 and Why That Matters: https://bit.ly/3R4Q2gh  Become a Rothaholic!: https://bit.ly/3Rq7w8b  Financial Planning Tool: https://bit.ly/46Ki2eS  Meet with Us: https://bit.ly/47IYpp8 Must-Knows for Couples Retirement Planning: https://youtu.be/o4eiAkWGc3k What Is Longevity Risk and How Do You Plan for It?: https://youtu.be/OMoWFA7_NiE The CFP® Professional and CPA Relationship: https://youtu.be/zxpfmN-xbrw?si=2X_6bGg6VWYg7qUQ