Three Reasons Not to Ditch Your Bond Fund
Deborah Williams, CFP®
If you are retired, or plan to retire within the next few years, a portion of your portfolio may be allocated to fixed income. With the yield curve sitting flat for so long, you may contemplate ditching your bonds for greener pastures. It’s not easy staying committed when the headlines have been so glum and interest rates are expected to rise. However, bond funds can be critical to the long-term success of many retirement plans and here’s why I advise my clients to keep an appropriate allocation to fixed income.