Our daily roundup of retirement news your clients may be thinking about.
Why boomers should show stocks more love Although market volatility makes stocks a risky investment option, retirement investors should continue to hold stocks in their portfolio, according to this article on Forbes. They should even consider increasing their stock allocation, as they are likely to underestimate the amount of savings they will need in retirement and stocks offer hefty potential returns that can boost their nest egg. Retirement investors should adopt a buy-and-hold strategy when it comes to stock investing since market downturns are temporary and could end sooner than expected. –Forbes
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