You’ve worked hard for decades, carefully saving and believing you have enough money to provide security for the rest of your life. But what if the unexpected strikes? A devastating diagnosis, a sudden market crash, or a once-in-a-lifetime catastrophe could unravel your financial future in an instant.

Stress-testing your retirement plan is not just smart—it's essential. It's like running a fire drill for your finances. By simulating worst-case scenarios, you can see how your plan holds up under pressure. Yet, far too many people skip this crucial step or treat it as a one-time task. Without stress-testing your plan and making adjustments, you're leaving your future to chance, hoping everything will go as planned. Hope isn't a strategy…in this case, it can be a dangerous gamble.