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Trump's Win Means Little for Retired Clients

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Although 53 percent of advisors are telling their retired clients to "stay the course", 53 percent also said Trump's win "increased their concern somewhat regarding the future retirement security of their retired clients," according to a survey by The American College of Financial Services. Not surprisingly, the same survey found only 5 percent of advisors are encouraging retired clients to invest more heavily in the market, and half of advisors are rebalancing their retired clients' investment mix to lock in gains and reduce risk.