FYI: Americans are uncertain about fixed income, the role it plays in retirement planning and how the asset class responds to market cycles, according to a study from BNY Mellon Investment Management.
Fixed income, the report explained, is an important ingredient for a well-diversified portfolio regardless of an individual’s stage of life, as it may enhance overall risk-adjusted portfolio returns and potentially lower portfolio volatility during difficult market periods.
But a majority (80%) of boomers believe that fixed-income investing is intended only for retirement planning, 70% of millennials agreed and 70% of Gen-Xers said the same.
Regards,
Ted
https://www.fa-mag.com/news/baby-boomers-unsure-of-the-role-fixed-income-play-in-retirement-52908.html?print
