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Archives for July 28, 2015

Secured Retirement Radio: Probability Investing vs. Safety First

Blog post written by Dale Decker

We all have different tolerances for risk. Some people prefer to go big and climb Mount Everest. Others are perfectly content to stay close to home and go apple picking.

But risk tolerance isn’t limited to hobbies and free-time activities. Risk tolerance also plays a role in your personal finances. Below are some strategies to consider in retirement, based on whether you prefer more of a calculated probability approach or a safety first approach to investing.

On last Saturday’s Secured Retirement Radio show, Joe Lucey and Kari Donnelly talked about Social Security’s 80th birthday and how it’s now a core piece of any retirement strategy. They also discussed how many retirees are either probability or safety first oriented when it comes to their retirement funds.

Joe and Kari provided information on different strategies to enhance retirement:

  • Probability Investing: The goal is to maximize safety, while also reaching out to climb and increase income during retirement years.
  • Safety First Investing: The goal is to minimize all risk in favor of returns that are secure and yield and replenish the fruit of investments.
  • Transformational Investing vs. Transactional Investing: A cohesive plan with overall goals vs. a  parade of transactions.

Ask your self the question: If you had 2 million dollars what would you do?  Listen to this week’s show and  find out.

Secured Retirement Radio is hosted by Joe Lucey. Joe is a nationally recognized financial expert – named a retirement mentor by Dow Jones news service and featured weekly in Market Watch online.
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Danielle Christensen

Paraplanner

Danielle is dedicated to serving clients to achieve their retirement goals. As a Paraplanner, Danielle helps the advisors with the administrative side of preparing and documenting meetings. She is a graduate of the College of St. Benedict, with a degree in Business Administration and began working with Secured Retirement in May of 2023.

Danielle is a lifelong Minnesotan and currently resides in Farmington with her boyfriend and their senior rescue pittie/American Bulldog mix, Tukka.  In her free time, Danielle enjoys attending concerts and traveling. She is also an avid fan of the Minnesota Wild and loves to be at as many games as possible during the season!