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How to Set an Appropriate Asset Allocation in Retirement

Christine Benz discusses how to determine the right asset mix for your portfolio.

Note: This video is part of Morningstar's 7 Days to Retirement Readiness week special report.

Christine Benz: Hi, I'm Christine Benz for Some retirees swear by a 50% equity/50% bond allocation, while others prefer to invest more in stocks. How can you know the right asset mix for you?