Risky business

Daniel Kisnorbo, William Higgins & Steve Romic | DFS Portfolio Solutions | 26 July 2013

A recent article published in the Herald Sun claimed that retirees are generally unable to tolerate the ups and downs of the market. The article titled "Inheritance left wanting" referred to a survey sponsored by financial services firm, Challenger, which cited that:
1. 37% of retirees cannot tolerate any portfolio losses in any one year; and,
2. only 13% of retirees can tolerate a portfolio loss of mo...