This article provides a brief review of investment risk tolerance, clarifications of terms used to describe risk attitudes, and a description of an online tool, the Investment Risk Tolerance Assessment (IRTA). The IRTA is a research-based tool that provides a score indicating a personalized analysis of a user's willingness to take financial risk. Extension educators can add value to the lives of their clientele by providing assistance in assessing risk tolerance in a valid and reliable manner. For this reason, the IRTA should be a useful addition to Extension educators' toolboxes.
Rabbani, A., O'Neill, B., Lawrence, F., & Grable, J. (2018). The Investment Risk Tolerance Assessment: A Resource for Extension Educators. Journal of Extension, 56(7), Article 3. https://tigerprints.clemson.edu/joe/vol56/iss7/3