Diversify your asset allocation to reduce your risk
By Jeff Chalk
29 July 2014
Investment experts say that your asset allocation is one of the most important decisions you can make related to your retirement savings. The objective of asset allocation is to provide an investment mix that minimizes risk (for example, stock market volatility). The strategy is designed to help you reach specific financial retirement goals, based on your tolerance for risk. When setting your asset allocation strategy, you must take several factors into account.
The Investor Profile Quiz at MillimanBenefits.com can help provide guidance on creating an asset allocation strategy for your retirement savings that is appropriate for your personal goals.