In Retirement, Playing Stocks More Aggressively
Wade D. Pfau
Buying more stocks and fewer bonds in retirement might seem like a risky proposition, but new research suggests it could be the best way to make sure investors don't run out of money too soon.
"A nasty market downturn early in retirement is the real Achilles' heel of retirement planning," says Lane Jones, chief investment officer at Evensky & Katz Wealth Management, a Coral Gables, Fla., firm with $850 million in assets.
Coleman, Murray, "In Retirement, Playing Stocks More Aggressively" (2013). In the News. 460.