Risk Management

Typically, a higher potential return is associated with higher risk investments, while lower risk brings with it a lower rate of return. That said, investment risk must be addressed at the onset to minimize your exposure. This is why at Milestone Wealth Management always starts the financial planning process with a comprehensive analysis of your risks and develop a strategic plan – your personal roadmap – for how to manage them by utilizing one or a combination of these four primary risk mitigation strategies: RISK AVOIDANCE, ACCEPTANCE, TRANSFERENCE, AND LIMITATION.

Following your personal risk analysis conducted by our experienced team of financial planner professionals, we ask you to consider the following:

HOW DOES RISK AFFECT YOU?

When making any financial investment, it’s important to know that there is always some degree of risk to consider, which has the potential to jeopardize your initial contribution. There is also potential for reward.

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LIFESTYLE

If you are planning to make any major life changes – or even just thinking about making them – it’s critical to first evaluate their potential impact on your investment strategies. Consider: What is important to you? What do you want your life to look like and what changes can be made to achieve that life? How might these changes impact how you approach your investments?

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ESTATE

We will help you establish a plan to address your estate when you are no longer able or available to manage it. Another important benefit of estate planning is that it minimizes the potential for family disagreements post-mortem, while our tax planning insights will help guide the process to preserve and protect accumulated assets.

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RETIREMENT

Retirement is the time to relax and enjoy the benefits of your years of hard work. But you need to plan ahead and set up your investments to support your “elder hood” and retirement years and then be ready with a “Plan B” – or even “C” – should circumstances change. Consider: What if family members have unforeseen needs? Unexpected medical bills? Changed housing needs? Inflation risk? Interest-rate risk?

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EARNINGS

We can help you plan for the fluctuations in your income throughout your career, while also considering long-term financial impacts. For example, not having any employment income for any point in your career will not only impact your day-to-day living at that time, but it can also impact future financial security and plans by reducing your retirement income by not contributing to Social Security and/or an employer pension plan.
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PROPERTY

There are different rules and risks for real estate ownership, which depend on whether the asset is your primary residence, a vacation home or an investment property. There are risks to consider such as security, hazard, litigation, liquidity, as well as costs (such as maintenance), which could be considerable.
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LONGEVITY

Are you worried about running out of money? You are not alone. Longevity risk is an even greater concern today, as life expectancy increases. Managing retirement funds over a lifetime requires thoughtful planning to create reliable sources of income while considering tax implications, sequence-of-returns, and leveraging your assets to ensure the most profitable return.
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TAX

There is always a chance that taxation of investment gains or losses can negatively affect the return of your investments. Are you prepared? We can help you consider your best options.

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PORTFOLIO

At Milestone Wealth Management, we’ll help you understand and determine your personal risk tolerance to be sure that the combination of assets within your current investment portfolio meets your financial objectives. With each investment carrying its own level of risk, it’s important that your assets are invested to provide the best opportunity for the highest rate of return for your current stage in life.
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Lifestyle
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Estate
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Retirement
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Earnings
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Property
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Longevity
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Tax
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Portfolio

Lifestyle

Estate

How does risk affect you?
When making any financial investment, it’s important to know that there is always some degree of risk to consider, which has the potential to jeopardize your initial contribution. There is also potential for reward.

Portfolio

Retirement

Earnings

Tax

Longevity

Property

HOW DO WE ANALYZE INVESTMENT RISK?

We believe taking a disciplined approach will give you the best odds of success capturing market returns over your lifetime. We act as a guide to help you through various market conditions to avoid making costly mistakes. It all starts with calculating your risk number.

Click the icon to discover your risk number

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