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TCRZ - Baby Bonds For Baby Boomers Rebalancing Into Fixed Income
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According to Fidelity Investments, 57% of baby boomers (born between 1946 to 1964) who manage their own portfolios are holding more stock than the company would recommend – "largely due to the bull market of the last 10 years."
Fidelity Investments says that baby boomers are over invested in stocks and exposing themselves to potential market declines.
More than one third of boomers were investing more than 70% of their allocation in stocks, a risky position, it said.
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