You Hate Risk. You Need Growth. What Do You Do?

The American College of Financial Services
The New York Times
March 13, 2020

In the wake of the stock market’s plunge in the ongoing coronavirus crisis, many advisors and investors have been in full retreat from stocks and bonds and the “risk” they represent to clients nearing retirement age. But the alternatives may be even riskier as people look to hold onto enough income to make it through their retirement years.

Retirement Income Center co-director Wade Pfau says there are options for preserving retirement assets that don’t entail scrapping long-laid plans, including annuities and financial management software.

Read more of Pfau’s comments in The New York Times.

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