If you’re in or near retirement, you may need to make some changes or additions to your portfolio. At this point, you want securities that can provide a steady and predictable stream of income. But you also want growth potential as the average retirement can last 20 or more years. Plus, life expectancy in the United States has been on the rise.
But there are also unpredictable variables that would impact the strength of your savings in retirement, such as inflation and market conditions. This could impact whether you outlive your retirement savings.
