By MyBankTracker  Updated on Thu Oct 17, 2013

Steps to Diversify Your Retirement Portfolio

You may feel that retirement is a long time ahead of you — however, there are smart investments you can make to earn money later on, ensuring your life as a retiree will be adequately funded.

It’s important for investors to diversify their retirement portfolio, because it will minimize the volatility of investments, which means steady growth with minimal losses. Investors preparing for retirement will want to work towards having a well-chosen asset allocation.

For more on how to create a diversified portfolio, go to our guide.

Related: Avoid These 4 Setbacks During Retirement

(Image via Flickr)

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