To achieve your financial security, and that of your family, you will need to create a comprehensive strategy. But for this strategy to succeed, you’ll need to guard it from various challenges – and that means you’ll need to build in different layers of protection.
What are these challenges – and what types of protection can be used to defend against them? Consider the following: • Challenge #1: Protecting your ability to reach your goals – To achieve your long-term goals, such as a comfortable retirement, you’ll need to build adequate financial resources. And that means you’ll need to create an investment portfolio that’s suitable for your objectives, risk tolerance and time horizon. And you’ll need to keep your long-term goals in mind when adjusting your portfolio during times of volatility.
