It’s not too late to de-risk your portfolio if you’re retired, or about to be
For investors hurtling toward retirement, sitting tight with stocks has been the path of least resistance in recent years. Stocks, especially U.S. names, have soundly outperformed bonds.However, recent events should serve as a wake-up call to take some risk off the table and give bonds a closer look. Stocks have recently encountered some volatility but they’re still near all-time highs. That provides pre-retirees and retirees with an opportune time to scale back equity exposure and plow th...
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