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What You Need to Know About Asset Allocation

Posted on August 28, 2022September 5, 2022 by Doreen

Asset allocation aims to diversify your retirement account across stocks, bonds, and cash. When managing your allocation, your age is a prime consideration because the older you are, the less investment risk you can afford. In retirement, your risk tolerance decreases dramatically, and you cannot afford wild market swings.

Follow these five best practices for managing asset allocation to increase wealth and achieve retirement goals.

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