Feb. 28, 2022: Audible, Picture of Wealth Podcast, Feb. 28, 2022: How much risk are you willing to take to get what you want? In this episode, Dustin sits down with Peter Neuwirth, an actuary and author in the holistic financial wellness space.
Audible, The Picture of Wealth Podcast: Planning for the Decumulation Phase With Peter Neuwirth
Audible, Picture of Wealth Podcast, Feb. 28, 2022: How much risk are you willing to take to get what you want?
In this episode, Dustin sits down with Peter Neuwirth, an actuary and author in the holistic financial wellness space. Peter’s most recent book is Money Mountaineering: Using the Principles of Holistic Financial Wellness to Thrive in a Complex World. His book aims to help readers gain a better grasp on the world of finances and the steps they can take to thrive in a world driven by money and wealth.
Peter talks about his extensive experience as an actuary. Dustin and Peter discuss the importance of planning for retirement and the decumulation phase of your finances. They touch on the high risks that are present in this phase of finance and how the right investments will look different for everyone. Peter shares his experience unpacking negative bias carried by the general population. He explains how to weigh out different options when faced with a tough decision. Peter urges us all to consider what we really want, and how much we’re willing to risk to get there.
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