How to Construct a Portfolio Without Relying on Bonds

In this second part of a two-part series, I will explain what to do in your portfolio instead of buying bonds.

In the first part of this series I explain why you may live too long to own bonds.

The challenge is to build a retirement plan and investment strategy that is not highly reliant on bonds or the glide path strategy that is so widely advocated for in the financial industry. Sure, there are reasons to hold bonds—particularly if their yield is attractive to generate income, but for many investors, constructing a portfolio of equities and cash will result in better long-term outcomes.

Implement a Strategic (and Realistic) Withdrawal Strategy

There are three things you can do to adjust to a more stocks-heavy investment strategy—the good news is they are all within your control.