How much wisdom is in the old saying, “plan for the worst, but hope for best”? In this episode, Julien and Kiersten Saunders (@richandregular) argue against our cultural staple of indefinite optimism. There is now enough data to suggest that most working-age American’s financial forecast should include plans for a sudden job loss or significant disruption income. Nobody likes to imagine the worst case scenario, but it may be the key to building financial resilience. 

We cover: 

• Income volatility and the probability working-age American’s income is likely to be disrupted
• The most vulnerable demographic groups for wage stagnation 
• What the ‘Two Income Trap’ is 
• How to practice pessimism in the short-term and the long-term 

Full show notes and resources can be found here: www.richandregular.com/listen 

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