Eddie James, CKA® discusses the importance of mitigating risks in retirement.
Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-eddie-james-cka-owner-of-harvest-wealth-management-mitigating-risks-in-retirement/
Eddie James, CKA® emphasizes the significance of having an emergency plan and being proactive in financial planning. He discusses the scenario where unexpected expenses arise and how having an emergency plan in place can help mitigate the impact of these expenses. Eddie mentions that his proactive approach to financial planning allows him to handle unexpected expenses without major setbacks.
Furthermore, Eddie stresses the importance of being proactive rather than reactive in financial planning. He highlights the fact that many individuals who try to manage their finances often find themselves constantly reacting to financial challenges as they arise, like playing a game of “whack-a-mole.” Eddie suggests that being proactive is a more efficient and less stressful approach to financial planning.