Diversification
With this unpredictable year upon us, how can retirees with a pension and social security make sure their savings are safe? I hear diversification is the way to go, but how much diversification is necessary and where?
Terry Says
What do you mean by “diversification”? Do you have stock market investments? What percentage of your total assets are those investments?
Your savings are 100% in a bank or in Treasury Bills. Other investments carry some risk, especially the stock market.
Sounds like you need at least one meeting with a FIDUCIARY, fee-only advisor who is not trying to sell you something!
Read this: https://www.terrysavage.com/pam-krueger-wealthramp/
