60s & Beyond Best Practice: Asset Allocation
Asset allocation is a proven investment strategy in which you divide your portfolio among stocks, bonds, and cash investments. Generally the more conservative your portfolio is the less growth potential you have and the smaller payout. Best practice for asset allocation in retirement continues to be that you should assess your sources of income during retirement, establish a time horizon for the number of years you anticipate being in retirement, determine your risk tolerance and select the asset allocation that matches your personal situation.
- Calculator: Asset Allocator
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