Mike addresses the volatility of the market and emphasizes the need to understand risk and have appropriate portfolio ratios. He explains the concept of fixed proportions and the role of fixed investments and equities in a portfolio.

Mike also highlights the importance of understanding one's risk tolerance, capacity, and requirement. He encourages listeners to have comprehensive conversations about risk and to build a retirement plan that aligns with their goals and provides comfort and protection.

Visit MyLifePlanFinancial.com to connect with Mike and start building your retirement plan today!