Episode 188: Finding Your Financial Risk Comfort Zone
Our 2 Cents
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Our 2 Cents
Episode 188: Finding Your Financial Risk Comfort Zone
Oct 03, 2024
Our2centspodcast

Steve and Gabriel are back with a new episode of Our 2 Cents where they discuss the impact of the Fed's interest rate cut on your financial outlook and address the key "what ifs" surrounding financial risk-taking. Then, they answer some insightful listener questions. Listen in now using a link below!

  1. Fed Interest Rate Cut:
    • For the first time in 4 years, the Federal Reserve cut interest rates, marking a shift from their previous tightening, to help stimulate economic growth.

  2. Financial Risk-Taking:
    • Understand investor perspectives on financial risk-taking and explore effective strategies to address potential concerns.

  3. Listener Questions:
    • "I recently remarried, and we both lost our previous spouses to cancer in the last five years. We’re in our late 60s, each with three kids, and he has more assets than I do. How can we ensure his kids inherit his wealth while also securing my financial future if I outlive him?" - Linda
    • "My 64-year-old husband wants to work another decade, but I think we have enough for him to retire sooner. I'd prefer to travel more. Is it worth debating, or should I just let him keep working?" - Beth