Richard Hanson President of Generations Wealth Management Interviewed on the Influential Entrepreneur Podcast Discussing Overcoming Fears of Market Volatility [Video]

Richard Hanson discusses overcoming fears of market volatility

Listen to the interview on the Business Innovators Radio Network: Interview with Richard Hanson President of Generations Wealth Management Discussing Overcoming Fears of Market Volatility – Business Innovators Radio Network

Market volatility refers to the fluctuations in the prices of financial assets, influenced by various factors such as economic conditions, political events, and investor sentiment. For individuals planning for retirement, grasping the concept of market volatility is crucial, particularly as they age and have less time to recover from potential downturns.

As Richard Hansen points out in the podcast, younger individuals, typically in their 20s and 30s, can afford to take on more risk in their investment portfolios. They have the advantage of time, allowing them to weather market downturns and benefit from long-term growth. Historically, over a 20-year period, even significant losses in a few years can be offset by gains in the remaining years, leading to a favorable …