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Tony Robbins has urgent advice about adding bonds to retirement portfolios

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IRAs and 401(k) are important pieces of the retirement planning puzzle, but so are bonds says the personal finance expert.
Tony Robbins, in a recent discussion, emphasized the importance of incorporating bonds into retirement portfolios, especially in light of current economic conditions. He highlights that with interest rates having risen, bonds now offer higher yields, making them an attractive option for retirees seeking income stability and lower risk compared to stocks. Robbins advises that bonds can serve as a cushion against market volatility, providing a steady income stream which is crucial for those in or nearing retirement. He also points out the strategic use of bonds in diversifying a portfolio, reducing overall risk, and ensuring that one's investments are not overly concentrated in equities, which can be particularly volatile. Robbins' advice comes at a time when many are reevaluating their investment strategies due to economic uncertainties, suggesting a balanced approach that includes bonds could be key to a secure retirement.

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