Summerlin Benefits Consulting Q&AAnswer
Oct 22, 2024 - 11:59 AM
Diversification is crucial in retirement planning to mitigate risks such as underperformance of investments, longevity, and the balance between risk and reward. A diversified portfolio helps protect against withdrawals from underperforming accounts and can ensure income sustainability over a longer retirement. It also allows for potential growth while managing risks, providing a more secure financial future.
