Investing Specialists

How to Create a Succession Plan for Your Portfolio

Christine Benz

Note: This article is part of Morningstar's Retirement Matters Week special report. A version of this article appeared on Sept. 23, 2016.

In a presentation I often give to retired investors, I discuss the key ingredients for successful retirement portfolios. As I talk, I can see attendees mentally sizing up whether their own portfolio plans contain the components that I'm discussing. Stocks for longevity potential? Yes. Inflation protection to help preserve the portfolio's purchasing power? Check. A cash component for near-term living expenses? Got it.

Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.