This is a pretty common question we get from our clients. It’s an understandable fear, given that market volatility is real. Fortunately, the situation is not as dire as it seems – even if you happen to retire the day before a big crash in the market.
Being liquid describes how quickly someone is able to get to their cash. When we talk about the risk to liquidity, we mean any instance where the investor can’t buy or sell an investment as and when desired. In other words, they are unable to access cash when they need to.
When planning for retirement, everyone can agree that it makes sense to minimise risk.
It sounds like one of those things that no one can possibly disagree with.
However, ‘risk’ is one of those words that can mean many different things. So, in this series of articles, I want to break down the various types of risk that can affect retirement planning.
Dallas Davison, Michael Hogue and Ali Hogue.
Money Over 50 Financial Advisers
Tel 07 4772 0938
45 Ingham Road West End Townsville Qld 4810
Money Over 50 Financial Advisers Pty Ltd ABN 26 146 225 505, 45 Ingham Road, West End Queensland 4810 is the holder of an ASIC Australian Financial Services Licence (AFSL) #471826.
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