{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/65675c71c3ca8a0012804645/6aea91d39cb48f65ea35c5f4?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"How to Know When a Risk Is Worth Taking","description":"<p>Is the “safe” choice still serving you, or just keeping you somewhere familiar?</p><p><br></p><p>In midlife, taking a risk can feel like volunteering for another problem. You have bills, responsibilities, and a future you’ve worked hard to protect. But staying in a job, a place, or a plan you’ve outgrown comes with its own costs.</p><p><br></p><p>Economist Allison Schrager joins Farnoosh to explore how to take thoughtful chances when you have more to lose. Allison is a Bloomberg Opinion columnist, a senior fellow at the Manhattan Institute, and the author of <em><a href=\"https://www.amazon.com/dp/0300266111?lv=shuf&amp;channelId=500&amp;plpRedirect=mhFallback\" rel=\"noopener noreferrer\" target=\"_blank\">Worth the Risk: The Seven Myths That Keep Us from Taking the Chances We Need to Take.</a></em></p><p><br></p><p>Farnoosh shares why her advice for midlife is to “be mobile,” inspired by her immigrant parents’ willingness to move toward opportunity. Together, they examine what that advice means when changing direction involves a paycheck, health insurance, caregiving, or retirement savings.</p><p><br></p><p>Topics include:</p><ul><li>Why you haven’t aged out of taking risks, and how experience can become an advantage.</li><li>How to distinguish a familiar choice from a secure one.</li><li>What to consider before changing careers or starting a business.</li><li>The difference between feeling uncomfortable and being unable to afford a risk.</li><li>How to test an idea before making a major commitment.</li><li>Why the reward worth pursuing might be more time, flexibility, or freedom.</li></ul><p>Learn more about Allison and her book at <a href=\"https://allisonschrager.com/\" rel=\"noopener noreferrer\" target=\"_blank\">allisonschrager.com</a>.</p>","author_name":"Farnoosh Torabi"}