Why It’s Time to Add High Yield Bonds
High Yield spreads widened significantly over the course of 2022, making high yield valuations more attractive.
Resources to help investors preserve, grow, and allocate their precious retirement assets
High Yield spreads widened significantly over the course of 2022, making high yield valuations more attractive.
While boomers are estimated to control over half of US financial assets—$29 trillion out of a $55 trillion total— more than 80 percent of that cohort may be unprepared for retirement, according to recent McKinsey surveys. Moreover, many prospective retirees feel that they lack assets and the financial knowledge they need for a confident retirement.
How and why the nation’s largest retirement system is imperiled.
According to Boston College researchers, millions of working-age households will be unable to maintain their pre-retirement standard of living in retirement. With lower returns from traditional portfolios expected over the next 10 years, diversification, rebalancing and staying the course will be key.