I know for many people, being called a conservative is the same as being sworn at. Relax – I am talking about calling yourself a conservative investor.
As we approach retirement, we need to get less aggressive with our investments. I contend that there is always a need to have equities in your portfolio, but you will also need income. I do not have a blanket recommendation for when to start moving your assets into a more conservative mix as every client has different means and needs in retirement, but there will be a time when this becomes necessary.
Please make sure you are keeping up with your portfolio review appointments so you will know when it is the proper time to call yourself a conservative is.

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