Quote:
Originally Posted by retiredguy123
It sounds like you already have a good balance to your portfolio. I would check to see the average duration of the bonds. They should be short term or intermediate term bonds, NOT long term. Long term bonds are too risky. The average maturity of the bonds should be less than 10 years. And, if you discuss your investments with an advisor, DO NOT let them sell you an annuity. Again, DO NOT transfer your investments into an annuity.
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Got it! Ensure investment in bonds are in those w <10 year maturity and NO annuities. 2 concepts never before heard. Thank you!!!!