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By Brian Ulch
Contributing Writer 

Consider Longevity Risk

 

Last updated 4/18/2019 at 9:14pm

Brian Ulch, Investment Adviser

Did you know keeping money in cash, checking, CDs and money market can increase your risk? Okay, let me be honest and admit that first sentence is intended to grab your attention; however, the statement is 100 percent true! Allow me to explain. I am quite certain when people use the word "risk", they are referring to market risk and/or security risk. If that is one's only concern, then CDs and cash are going to offer you the lowest level of risk.

However, it is prudent to consider all possible risks. Being overly conservative exposes investors to increases in longevity risk. Thanks to techn...



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