Why de-risking your pension is riskier than you think
People spend a lot of time fretting about how much income to draw from their pension every year. There is another, equally important question, however: what do you invest your money in? On the one hand, you want your savings to grow so they can sustain you through your whole retirement. On the other hand, you don’t want to take on too much risk; volatility can be financially and emotionally draining. Over the long term, equities generally outperform other asset classes,...
