Part of building a retirement plan is deciding on the amount of risk you want to take on. Some people can tolerate large swings in the market while others just want slow, steady growth. Neither approach is right or wrong but it also depends on what phase of your life you’re in.On this episode of No Payne, No Gain, Ryan and Bob will talk risk. What does it mean to be risk averse? Does your portfolio have more risk than you think? We’ll dive into that before looking at planning over the 15 years before retirement and the show will end with Financial Propaganda of the Week. Full Show Notes: http://bebullish.com Today's Rundown: 0:32 – Previewing today’s show.1:16 – What does it mean when someone says they’re risk averse?1:38 – You might not even realize you’re taking on more risk than you thought.2:40 – The key is having proactive asset allocation.3:08 – How you end up with more risk than you expected.4:29 – This points to the ‘A to B’ strategy that we’ve developed.6:27 – Don’t try to do more than you need to do to reach your goal.7:54 – Let’s look at planning from different phases of life.8:06 – 15 years out from retirement, what does that look like for planning?9:41 – What should you be thinking about 10 years from retirement?11:24 – At this age, you’re also vulnerable to a big drop in the stock market.11:55 – Let’s talk 5 years out, early to mid-60s.13:36 – The big day finally arrives and you retire.15:40 – Time for Financial Propaganda of the Week16:05 – Bob found an article on politics and the impact on finances but it doesn’t apply to investing.17:13 – If you’re hoping for your political party to have full control of the government, it won’t be a good thing for your portfolio.18:57 – Ryan keeps seeing an ad for a 9.1% annual return from an annuity. What’s the caveat?