This lesson will include a discussion of:

• An overview of kinds of risk (other than Market risk) that can adversely impact your plans
• How a higher average rate of return can actually cause your savings to be depleted more rapidly than a lower average rate of return
• The type of risk that is unique to early retirees (the "early childhood disease" of risk)
• How you can protect yourself against random events that cannot be predicted
• When diversification cannot help protect you from risk