In this episode, we explore the critical concept of standard deviation in investing, particularly for those nearing retirement.
Learn why average return isn't the only metric you should be focusing on and how volatility can impact your financial future. Discover the importance of managing your portfolio's standard deviation through the illustrative examples of Laverne and Shirley.
Don't miss this essential discussion for anyone looking to optimize their retirement strategy!

Chapters:

(00:00) Introduction

(01:00) The Importance of Standard Deviation

(02:15) Example: Laverne and Shirley

(05:45) Understanding Volatility

(08:00) Analyzing Your Portfolio

(10:00) Conclusion
________
Like what you heard? Listen to more episodes here: https://podcasts.apple.com/us/podcast/wealth-wise-women-podcast/id1768763274

Follow us on Instagram: https://www.instagram.com/moneyandclarity

Want to learn more about how we can help with your financial planning? https://moneyandclarity.com/

Enjoying Wealth Wise Women? Show your support by leaving a review and rating for the show.