Steven Rife, CFA®, CFP®, Senior Vice President and Financial Advisor at Wealth Enhancement, was featured by GoBankingRates in the article, “How To Build Wealth in Your 60s Without Taking Big Risks”
Steven Rife, a financial advisor at Wealth Enhancement Group, agreed that bonds specifically could be a great way to bring diversity to a portfolio, which increases the amount of income streams a person would have. “If an investor hasn’t revisited their stock versus bond allocation over the past few years, it’s likely that their overweight stocks. Now may be a good time to increase their allocation to fixed income and reduce the volatility of their portfolio.”
Read the full article here: https://www.gobankingrates.com/retirement/planning/how-to-build-wealth-in-your-60s-without-taking-big-risks/