Putting All Together—Your Total Risk Profile

Jeff Camarda (), Steven James Lee () and Jerusha Lee ()
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Jeff Camarda: Family Wealth Education Institute
Steven James Lee: California State Polytechnic University
Jerusha Lee: Claremont Graduate University

A chapter in The Financial Storm Warning for Investors, 2021, pp 95-99 from Springer

Abstract: Abstract This chapter breaks down the dangers of the present times for wealth holders. Investors must analyze five major threats before delving into the solutions presented in Section II. The first major threat is increasing taxes put on the wealthy by local, state, and federal governments. The second is resurgent inflation that could erode your wealth. The third is the risk of major stock market crashes and extended bear markets, which can decimate wealth accumulation. The fourth is inaccurate retirement planning that could cause you to have an impoverished nest egg and a substandard level of retirement lifestyle. Finally, the fifth is bad advice that can exacerbate the effects of the other four risks. Heeding these perils will better position you, the investor, to better protect your hard-earned wealth from a variety of threats.

Keywords: Taxes; Inflation; Bear market; Retirement; Advice (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-77271-0_10

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DOI: 10.1007/978-3-030-77271-0_10

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