How to Use the Summer Months to Build a Stronger Retirement Income Strategy
The sleepy summer months could be a great time to adjust your retirement portfolio.
Overview
The stock market's trading activity usually slows down during the summer. Many investors "sell in May and go away," and the Fed enters a "blackout period" (from July to September) during which its officials can't publicly comment on the U.S. economy.
But if you're already retired or on the verge of retiring, it's smart to adjust your portfolio during those sleepy months to maximize your retirement income. Here are three simple moves you can make before the weather cools down again and the market wakes up again.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.