Investing for retirement just got a lot more complicated
Wade D. Pfau
Investment adviser Brett Danko has a warning for a New Jersey couple in their early 50s who've sought his help about how to plan for retirement: Either allocate more savings to stocks than fixed income, or risk having to scrimp in old age.The couple, ages 51 and 53, have about 80% of their $1 million retirement savings stashed in government bonds yielding just 1% to 2%; the rest is in stocks.
Investment News, "Investing for retirement just got a lot more complicated" (2015). In the News. 429.