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Is Your Retirement Portfolio Prepared for the Next Market Crash?
Manage episode 466106909 series 3561331
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What will happen to your retirement plan if the market dips again? Frank and Frankie Guida discuss the importance of understanding and managing risk in retirement portfolios. The traditional 60-40 stock-bond portfolio remains popular, but it may not suit everyone, especially those nearing retirement who can't afford significant losses.
Frank and Frankie explain that by balancing market investments with safer options, retirees can protect their income during downturns. The key takeaway is to customize your portfolio based on individual risk tolerance to ensure financial stability throughout retirement.
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