What we do / Risk Management

Like the market, life is full of ups and downs, and many of these impact your financial plan. As your partner in planning, part of our job is to help you look ahead and prepare for the unexpected.

What’s next…

Your team at Peninsula Wealth will review your overall financial situation to see where risks might live and help to alleviate these risks. While we don’t sell insurance, we can help to prevent gaps in coverage; while we are not doctors, we can suggest additional coverage or preventative measures. By looking holistically at your financials and learning about your family, we can advise on your biggest areas of risk and help to mitigate those risks.

 

Here are a few of the elements of risk management that we include as part of our evaluation:
  • Overall analysis and evaluation of risk exposures
  • Life insurance needs
  • Health insurance needs and cost management
  • Long term care requirements
  • Property & casualty review
6 Steps to Prepare Your Finances for an Impending Recession

6 Steps to Prepare Your Finances for an Impending Recession

Remember that recessions are part of the normal cycle of any economy, and we have weathered some significant ones in recent decades. Not every recession degenerates into complete upheaval, as we experienced during the lowest point of the pandemic and during the Great Recession of December, 2007 – June, 2009. It’s important not to become anxious when things begin to turn and instead lean on the perspective that we’ve gained from past periods of economic downturn.

It’s that Time of Year – Open Enrollment Season (Employer Plans)

It’s that Time of Year – Open Enrollment Season (Employer Plans)

This post was written by Bob Keane, CFP® – Financial Advisor This is the year I promised myself not to do the same old thing when it comes to open enrollment. Like many others I’m sure, I have always just picked the same health plan as I did the prior year. But open...

“The wise man doesn’t give the right answers, he poses the right questions.”

–Levi Strauss

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