Often times investors will focus more on stocks and bonds when it comes to their retirement portfolios. However, there are some potential alternatives for investors to consider in order to diversify their savings.
Diversification of your retirement assets can be a powerful mechanism that provides options and flexibility in retirement. Don’t just limit your portfolio to stocks and bonds. It is important that you learn how real estate, paying off debt, annuities, and furthering your education can be potential alternatives for your retirement portfolio. Having different choices may decrease your risk and lessen the probability of overwhelming financial setbacks due to having too much weight in one particular asset class.
If you’re unsure about your current investing mix or if you haven’t reviewed your portfolio recently, it may be time for you to schedule a financial review. Call or submit your request online today and we’ll set aside time on our calendar to meet with you for a complete retirement review.