The Wall Street Journal reports that many investors age 55 and up are putting most of their nest egg into the stock market, which could backfire if there was a major tumble, especially for older retirees.

 

On this episode of The Retirement Solution, Jon Hicks talks about what you can learn by following the investment models of top university endowments. These endowments have to spend money every year, regardless of what the market does (much like you’ll need to do after you leave the working world), so they have much experience in protecting their downside and generating consistent returns.

 

Jon explains how university endowments utilize alternative investments to help reduce risk and smooth out returns, as they’re often less correlated to the market.

He also shares his thoughts on the importance of having a spending plan in retirement to help you determine how much money you need to withdraw from your portfolio each year, so you don't run out of money too early.

 

Connect with Jon and his team at J Hagan Capital to learn ideas to better protect your retirement savings.

 

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