Matt Pierce quoted in theStreet.com
October 18, 2013 | In The News
We are always happy to be featured in news articles, and the recent post by John Spence is no exception.
The link to “Investing for Income as Retirement Approaches” is attached here.
Investors seeking income do have a tough time these days. With 10 year yields below 3% and dividends paying below 2%, the search for yield now requires taking investment and credit risk that the typical retiree may not be comfortable with. We suggest that those seeking income first consult with their advisor about their risk tolerance. The risk of principal loss may be greater than the incremental gains received when seeking higher income returns.