Too Heavy in Stocks? Annuities Could Be a Rebalancing Option

October 2, 2023 by Kevin Nuss

When Fidelity Investments recently crunched the data on its retirement accounts customers, it found that 37% of those born between 1946 and 1964 (so-called Baby Boomers) have more equity holdings than they should.

Depending on age, people in this age bracket should have 47% to 67% in equities, Fidelity said. But well more than a third were above that

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Originally Posted at Kiplinger on October 2, 2023 by Kevin Nuss.