This investor needed help transitioning a stock-heavy portfolio to a more age-appropriate asset allocation.
Morningstar's Christine Benz walks investors through the basics of setting up and maintaining a 'bucket' retirement portfolio, including some of her favorite funds for retirees.
A handful of funds have gotten all the love in the wake of Bill Gross' departure from PIMCO, but investors can widen their scope.
On bond worries, changes at PIMCO, and the intangible virtue of peace of mind.
One T. Rowe fund is out, but PIMCO-managed funds are staying put despite manager changes.
Neither income-centric nor strictly total return, a hybrid distribution approach charts a steady course for our retirement bucket portfolio.
Equity holdings perform well, while inflation hedges lag.
Retired investors with a stomach for more risk might consider easing into these funds, says Morningstar's Christine Benz.
Target-date funds haven't been immune from the question of whether to replace or retain the strategy following Bill Gross' departure.