Saving for Retirement

A “wise” rule of thumb for retirement planning is to take your age and make that the percentage of your portfolio invested in bonds, so a 55-year-old would have 55% of their portfolio in bonds and 45% in stocks.

Many retirement plan participants could do worse than following this simple rule; however, too many ends up chasing returns and forgetting about asset allocation and the need to diversify their portfolio.

That is why an experienced–26years– knowledgeable and local financial advisor is invaluable.

Diversification and Rebalancing a Retirement Saver’s Best Friend