37% of baby boomers have more stock exposure than they should, Fidelity says. These 4 tips can help
Publishing timestamp: 2023-07-29 09:00:01
Summary
The article discusses the importance of having exposure to stocks in retirement and provides tips for determining the right level of equity allocation. It highlights that some baby boomers may have too much equity exposure and need to rebalance their portfolios. The article also emphasizes the need for a careful investment strategy and the potential downsides of taking on too much risk or engaging in market timing. Overall, it advises retirees to have a diversified equity exposure and to focus on long-term goals rather than short-term market fluctuations.
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Keywords: investment strategy, retiree finances, financial consulting, wealth, government pensions and social security, personal debt, personal investing, retirement planning, breaking news: investing, business news, employee pension benefits, retirees, personal spending, principal financial group inc, personal finance, social security, personal saving,