Financial Planning News
Wed, 26 Jun 2013
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Many retirees are creating hybrid withdrawal plans--with ceilings and floors--to adjust for market volatility, but a balanced portfolio is key amid fluctuating rates, says Vanguard's Maria Bruno.
Even if you're a staunch DIY investor, a financial professional can provide very useful input for retirement planning , estate planning, taxes, and more.
Financial-planning expert Michael Kitces cautions retirees about holding too much cash in their portfolios, as simple rebalancing of stocks and bonds can provide needed income.
Recent studies have found retirees' health-care expenses have decreased while their account balances have moved higher, but there's still a generational divide in terms of savings.
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