Your Money Manual With Vince Annable

Episode #39: What financial stress tests can say about your wealth planning strategy

Informações:

Synopsis

If you'd like to watch the video version of this episode, check us out on YouTube here and subscribe to our channel! ​If you’re building your Optimal Financial World, you’ll want to consider a stress test—for your money. It's what the super and ultra rich do frequently to help them prior to making important financial decisions that could impact their overall wealth planning strategy. What is a financial stress test, who needs it, and why is it important? In this 4th part of a 5-part series of discussions, host Vince Annable talks with renowned consultant to the super rich and private family offices, Russ Alan Prince, to help you understand key concepts that may help you to enjoy a fulfilling lifestyle as you build the financially secure future you desire. In this episode, you'll learn: 1) What a financial stress test is and what it's designed to do. (03:05) 2) How common stress testing really is. (04:35) 3) What the different types of financial and legal stress testing are. (06:43) 4) Other matters the rich