Don't Settle for Anything Less Than True Diversification

The closer you are to retirement, the more important it is to make sure you've got your bases covered, because just having an appropriate mixture of stocks and bonds may not be enough to be truly diversified.

Diversification is a big word, but it can be simply defined: Don’t put all your eggs in one basket.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Marvin Mitchell, Investment Adviser Representative
Founder, Compass Retirement Solutions, LLC

Marvin Mitchell is an Investment Adviser Representative and founder of Compass Retirement Solutions, LLC (www.compassretirementsolutions.com). He is the host of "Re-thinking Retirement" on NewsTalk 97.1 in St. Louis, Missouri, and also serves as a speaker, coach and trainer.