Risk mitigation is an important concept for retirees to consider. The goal is to be able to weather various life events without suffering major adverse effects. Retirees face a number of risks that need to be planned for including longevity risk (i.e., an unknown life expectancy), market risk, sequence of return risk, and a variety of potential spending shocks including rising health care costs, long-term care needs, inflation, death of a spouse, "gray divorce," unexpected family responsibilities, and frailty. This class will cover these topics and more.