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Here's why retirees shouldn't fully ditch stocks


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Published in Stocks and Investing on by CNBC   Print publication without navigation

Retirees need at least some stocks in their portfolios to ensure they don't run out of money later, experts said.

The article from MSN Money explains why retirees should not completely abandon stocks in their investment portfolios. It highlights that stocks can provide essential growth to combat inflation and extend the longevity of retirement savings. While stocks carry more risk than bonds or cash equivalents, a well-diversified portfolio with a balanced allocation to equities can help retirees maintain their purchasing power and achieve a more comfortable retirement. The article suggests that retirees should consider their risk tolerance and financial goals when determining the appropriate stock allocation, but completely exiting the stock market could jeopardize their financial security in the long run.

Read the Full CNBC Article at:
[ https://www.msn.com/en-us/money/retirement/here-s-why-retirees-shouldn-t-fully-ditch-stocks/ar-AA1D3hz6 ]

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