Genworth said the story describes “two couples’ journey across the sea to retirement,” each using a different approach. One couple is “sailing,” or hoping the wind will blow in the right direction, and the other couple is “rowing,” or taking a risk-averse approach. Ultimately, the moral of the story is to illustrate that a combination of sailing and rowing result in “a less stressful journey,” Genworth said.
Genworth intends for the story to be a conversation-starter about how investors think about risk and volatility. The book, free for GFWM Advisors, is available online (www.genworthwealth.com/crossingthesea.html) or in customizable hard copy by contacting Genworth.