Retirees and those approaching their final working years typically rank safe investing over capital growth investments. Capital appreciation is the goal of growing assets.
An investor’s comfort with risk drives the capital preservation portfolio.
Craig Kirsner, the author of “Retire Strong: Preserve and Protect Your Wealth and Leave a Legacy,” says: “The most important thing a retiree can do is to make sure they have the right amount of risk for them in their retirement portfolio.”
Kirsner reminds investors that stocks are growth investments. At times stocks also offer dividends, not principal preservation.
