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How to Wring More From Your Short-Term Assets
Morningstar Articles
Fri, 28 Jan 2011
The conventional wisdom around cash planning for retirement is that retirees should hold anywhere from two to five years' worth of living expenses in cash. But with cash yields as low as they can go, that's an awful lot of money to sock away in assets that aren't even outpacing inflation. That's …
Morningstar's Christine Benz discusses retirement portfolio planning strategies and pitfalls with T . RowePrice senior financial planner Christine Fahlund, noted advisor Mark Balasa of wealth management firm Balasa Dinverno Foltz, and Morningstar Investment Services' Jeff Ptak.
Morningstar's director of fixed-income research offers up his picks for the core of your portfolio, go-anywhere flexibility, short-term savings, inflation protection, and aggressive kickers.