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Home > The Retirement Solution > Many investors 55 and up are putting most of their nest egg in the market, which could backfire
Podcast: The Retirement Solution
Episode:

Many investors 55 and up are putting most of their nest egg in the market, which could backfire
Category: Business
Duration: 00:10:54
Publish Date: 2023-07-24 11:00:00
Description:

On this episode of The Retirement Solution, we hear how Arnold Schwarzenegger keeps up with childhood friends in Austria, and how those conversations have changed now that they’re all in their 70’s. This spawns a discussion about how investing strategies for people aged 55 and older may not be changing enough.

The Wall Street Journal reports that many investors age 55 and up are putting most of their nest egg into the stock market, which could backfire if there’s a major tumble…

The reasons for the stock-heavy portfolios are the need to “catch up” and the feeling that there are no other options.

Financial advisor and retirement planner Jon Hicks wants you to know that there are other options, including ones that have just recently become available due to high interest rates.

Connect with Jon Hicks and his team at J Hagan Capital to learn more about today’s investment opportunities and what could work within your plan.
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