When to Take Strategic Risk in Your Credit Union—Your ACTion Point

As a credit union executive, any bold initiative or decision comes with financial or political risk. However, while necessary in driving your credit union forward, your choices ultimately have the potential to affect your future employment and overall financial and retirement plan. In the episode, Doug speaks with ACT Advisors Wealth Specialist Paul Lloyd, CFP®. Paul shares his latest white paper and data regarding the ACTion Point, or the point in time when an executive’s financial plan will maintain a statistical level of success if their benefits or income unexpectedly change due to termination or changing jobs. He goes on to explain why identifying your ACTion Point, understanding your executive benefits, and feeling secure in your personal financial plan are critical components to leading your credit union daringly. Listen to the full episode or access the white paper now.