The Investing Playbook for Retirees Who Can't Afford to Lose
It may not be possible to avoid all risks, but it's certainly possible to minimize them.
Overview
Unless you've stopped reading the news lately, you've probably noticed how dire the headlines are. If you're retired and on a fixed income, any news that might affect the finite amount of money you have saved for retirement is sure to be disturbing. You know investing is the best way to grow your funds, but at your age, you may feel as though you can't afford to lose much money.
Because the goal is to protect your money, you need a playbook focused on preserving essential income, managing market volatility, and keeping enough invested to fight inflation.
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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.