The biggest risk is not what you think. Most people realize a significant risk to their financial lives is the risk of needing some form of care as they age. The biggest risk is how California is planning to penalize you (and potentially your employer) if you do not plan for this individually.  Incapacity Risk: CA v. Residents is a 30-minute presentation that introduces the risk of incapacity as you age, the impact it can have, how the state of CA is thinking about penalizing you for not preparing for it, and what you can do about it.