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Stock impact report

Experts Warn 86% of High-Risk Retirees Fail Vital Diversification Test Raising Serious Financial Concerns [Yahoo! Finance]

Prudential Public Limited Company (PUK) 
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: Yahoo! Finance
Financial experts caution against overly relying on cash and bonds to avoid market risk and instead recommend balancing cash, bonds, stocks, and other investments for long-term growth. Dynamic withdrawal strategies and adjusting asset allocation are key to managing market risk in retirement. As retirement nears, many investors shift their focus to minimizing risk , often by pulling away from stocks in favor of safer assets like bonds and cash. However, a new study reveals that this strategy may leave retirees dangerously exposed to a different kind of risk: not having enough long-term growth. According to research from Jackson National Life Insurance Co., a staggering 86% of high-risk retirees fail the crucial test of proper diversification. As experts caution, this type of overreliance on bonds and cash can undermine long-term retirement security, making it essential for retirees to strike a balance by including growth assets like stocks in their portfolios. The Jackson stud Show less Read more
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