Retirement Daily: An Alternative to Bonds For Your Retirement Portfolio

TheStreet Live

English - April 10, 2018 15:04 - 20 minutes - 45.8 MB - ★★★★ - 12 ratings
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Advisers, according to conventional wisdom, should shift their client’s portfolios from stocks into bonds as they reach retirement. Doing so de-risks the client’s portfolio, preserves wealth, and locks in a desired lifestyle in retirement.

Today, however, there’s an alternative to consider. Today, advisers might consider shifting their client’s portfolio from stocks into something called uncapped fixed index annuities (FIAs) instead of bonds.

Or at least so says Roger Ibbotson, the chairman and chief investment officer of Zebra Capital Management, the creator of one of the most popular books in the financial services industry, Stocks, Bonds, Bills, and Inflation (SBBI) Yearbook, and author of a just-published whitepaper, Fixed Indexed Annuities: Consider the Alternative.