https://fedretire.net/protecting-your-assets-with-fixed-income-investments/Protecting your Assets with Fixed Income Investments
Those approaching retirement and retirees often move to more conservative investments to avoid losing what they worked a lifetime to accumulate. Many federal retirees live on fixed income from their annuity, Social Security, and Thrift Savings Accounts. We only have a finite time on this earth and the older we get the less time we have for our accounts to recover from market downturns.
