Overspending and impatient selling are two moves that can prematurely drain retirees' portfolio income, warns financial columnist Gail MarksJarvis, who offers strategies to avoid these pitfalls.
Inflows to fixed-income products continued in November on account of market-volatility worries, while equity outflows this year could surpass 2008 levels.
Fund investors have been demonstrating a lot of enthusiasm for emerging-markets stock and bond funds, but the recent stampede should give you pause, says Morningstar's Kevin McDevitt.