As retirement nears, shift more funds into quality assets

IN AN environment where interest rates are low and yields are less than desirable for those in the fixed income market, the temptation is to focus on riskier options that may earn higher returns. This must be done with care.

What one must take into consideration is that retirement planning must be done with an eye on where the customer is in his life journey.

As a general rule, as investors approach retirement, they should be shifting more of their funds into assets with a focus on quality. At this stage of life, it will be harder for them to recover their capital, should capital losses occur.