Risk Tolerance Assessment

Planning Your Family’s Financial Future with Confidence

Why Risk Tolerance Matters for Parents

When you’re raising kids—or thinking about starting a family—there’s so much to consider. Diapers, daycare, college savings… the list never ends. But one topic that doesn’t always get much attention is your comfort level with financial risk. That’s where the Risk Tolerance Assessment can really come in handy.

This tool helps you understand how much financial uncertainty you’re okay with, especially when investing for your child’s future. Whether you're thinking about a college fund, setting up a 529 plan, or just saving for the long haul, your risk tolerance can shape the best path forward. It’s not about having a perfect investment strategy—it’s about finding one that actually fits your family’s needs and your peace of mind.

Getting to Know the Tool

The Risk Tolerance Assessment is a simple quiz that takes just a few minutes to complete. It asks practical, everyday questions—like how you’d react if your child’s savings dropped in value or how long you plan to invest before tapping into those funds.

The goal? To give you a personalized snapshot of your investment personality. You might find out you’re conservative, meaning you’d rather play it safe and grow slowly. Or maybe you’re more aggressive, comfortable with some ups and downs if it means bigger returns down the road.

How This Helps You Make More Confident Decisions

We’ve all had those late-night budget talks—trying to figure out how to save, what to cut back on, and how much to stash away for the future. This assessment won’t solve every money question, but it will give you a strong foundation.

Here’s how it helps: - Clarifies your comfort zone – No more guessing. You’ll know if you prefer safe, slow growth or are open to taking more risks for potentially higher gains. - Shapes your savings plan – Whether it’s for education or just building wealth, the results suggest strategies that match your personality. - Brings partners onto the same page – If you’re co-parenting or planning with a partner, it’s a great conversation starter to understand where each of you stands.

Real Talk: Every Parent Thinks About the “What Ifs”

Take it from a parent who once had three different savings accounts going for just one kid: it’s easy to feel pulled in a million directions financially. When our second child came along, we realized our original plan didn’t work for our new situation. We took this assessment together, and it helped us align on what we could truly handle risk-wise. That clarity was more helpful than we expected.

What You’ll Walk Away With

After completing the assessment, you’ll get: - A clear risk profile (like “Conservative” or “Moderately Aggressive”) - Tailored investment ideas suited to your comfort level - Recommended asset allocations (how much of your savings should go into stocks, bonds, etc.) - Visuals and charts to help you see where you stand

Quick Tips for Putting It to Use

Even the best tool doesn’t help unless you put it into action. Here are a few suggestions:

1. Revisit the results every year. Kids grow fast—and so do your goals.
2. Talk it over with your partner. It might surface money habits or attitudes you didn’t even know you had.
3. Bring it to your financial advisor. It gives them a better starting point to tailor recommendations.
4. Use it to guide education savings. Not all 529 plans are created equal. Some are more aggressive than others, and your results will help point you in the right direction.
5. Don't stress about having it all figured out. Risk tolerance isn’t about being right or wrong—it’s about knowing what you can live with, especially when your family’s future is on the line.

A Tool That Grows With Your Family

Every stage of parenting brings new challenges—from saving for preschool to prepping for college. The Risk Tolerance Assessment helps make sure your financial approach grows with you. Whether you're just starting to think about future costs or already knee-deep in school fees, having a handle on your risk tolerance keeps things more manageable—and a little less stressful.

Parenting is unpredictable. Your investment strategy doesn’t have to be.