At This Size, Your Retirement Portfolio Is Too Big For Mutual Funds

“It’s difficult to provide a specific dollar amount for when a retiree’s portfolio should move from investment products to individual securities, as this will depend on the retiree’s specific financial situation, goals, and risk tolerance,” says Mina Tadrus, CEO of Tadrus Capital LLC in Tampa. “However, as a general rule, if a retiree’s portfolio is large enough and they have the financial knowledge and expertise to manage their own investments, it may be more efficient and cost-effective to invest directly in individual securities rather than paying the fees associated with mutual funds and other investment products.”

Source: Forbes

Author: Chris Carosa

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