Ways To Test Your Financial Longevity

Researchers have created a simple test that might predict mortality risk. It consists of standing on one leg with the other tucked behind your knee, and your arms at your sides for 10 seconds. They claim the longer you’re able to do this, the longer you’ll live. But what about your financial plan? Will your money last as long as you do? On this episode, Abich Financials’ Senior Financial Advisor Pat Volk, discusses different tests they run on clients’ accounts so they can understand their overall financial health while preparing for retirement uncertainties. From risk tolerance evaluations to sophisticated Monte Carlo analyses, Pat talks through some of the processes to highlight how these tests can shape a retirement plan. Want to test your savings plan? Visit TheRetirementKey.com to begin the conversation with Abich Financial Services today! See omnystudio.com/listener for privacy information.