Portfolio Diversification in Retirement
Diversifying a portfolio in retirement helps mitigate risks, especially since market downturns can have a greater impact when you're relying on those funds. Creating an income stream outside of stocks can potentially provide stability and peace of mind. The "income bucket" strategy is also smart—ensuring essential expenses are covered with predictable income sources.
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The information contained in this post is general in nature and for informational purposes only. It should not be considered as investment advice or as a recommendation of any particular strategy or investment product. This post is not a solicitation or an offer to buy or sell any specific security.