This article explores the financial implications of downsizing and leasing out the old house versus selling and buying a new one for retirees. Weigh the pros and cons to make the best decision for your golden years.
Tag: Risk tolerance
Do You Know Your Risk Tolerance?
Anybody who has even briefly dabbled in the market is undoubtedly familiar with the term “risk tolerance.” As applied to a stock-and-bond portfolio, risk tolerance comprises age, time till retirement, income requirements, and the “sleep at night” element, which refers to an investor’s level of market worry.