How To Transition Your Client’s Portfolio From Growth To Income
June 17, 2020 by Kiplinger's Personal Finance Magazine
One of the biggest challenges investors face as they near retirement is transitioning their portfolio from a focus on accumulation and asset allocation to a new, but just as critical, emphasis on distribution and income allocation.
The aim is the same — to create a retirement paycheck that will provide the lifestyle they want and will last as long as they live. But the mindset and the strategies involved can take some getting used to.