She has a Ph.D. in Personal Financial Planning from Kansas State University and her research focuses on risk management decision-making strategies of baby boomers in the United States.
MS: Your research is in risk management decision-making strategies.
So this idea of risk management is your organized strategy for protecting your assets and your people from the risk of loss.
MS: Risk management is different from Estate Planning.
Dr. Anderson also told us what a proper estate plan is.