Rising interest rates usher in a new era for savers: Dale Jackson

It’s a new dawn for retirement savers with nerve-wracking levels of exposure to volatile stock markets, Dale Jackson writes for BNN Bloomberg.

That may seem like the case for over-leveraged borrowers, but it’s a new dawn for retirement savers with nerve-wracking levels of exposure to volatile stock markets.

You need to go back over three decades to find a time when investment grade bonds did more of the heavy lifting in retirement portfolios; generating decent and reliable returns while lowering overall risk.

In that era, it was normal for investors in or nearing retirement to have a significant portion of their portfolios in fixed income.