A balanced mix of stocks and fixed-income investments can help retirees manage risk while supporting long-term growth. Dusan Petkovic/Shutterstock
Whether you’re nearing retirement or already living your golden years, it makes sense to take on less risk with your investments. You’ll want to preserve your hard-earned savings. So you may be considering moving away from stocks and other equities to focus on fixed income.
But by doing so, you may be taking on some unexpected risk. You still need room for serious growth, and here’s why.
Inflation Risk
Simply put, today’s dollars will purchase less goods in the future. Inflation can erode even the hardest nest eggs.
