Investor Connection Summit with Morningstar: Examining the New Rules for Retirement Investing
The Investor Connection Summit with Morningstar had discussions on various topics related to retirement investing. It emphasized the complexities involved in transitioning from a steady income to managing savings to last decades, and the pressure on investors to make their money last, which can be emotionally challenging. The speakers suggested various strategies, such as guardrail strategies to protect from volatility and fluctuation, and allocation of portfolios towards alternative assets, which could be risky for retirees. The speakers discussed various types of assets that could be appropriate for retirees, including traditional and alternative investments, and the importance of understanding clients' goals, values, and risk tolerance when advising them. Finally, topics such as inflation and withdrawal rates were discussed, with an emphasis on planning for them to mitigate their potential negative effects on a retiree's purchasing power.
