Not too long ago I wrote about one problem rarely discussed with all in one encompassing managed funds in retirement, such as balanced, conservative, growth etc. Funds that hold a mixture of stocks, bonds and cash.

The gist of the problem being that with these funds you don’t get to decide whether to drawdown from stocks or bonds, because the fund doesn’t differentiate between the two. End result is the health of your investment balance will be worse off than otherwise.

Well today I have […..]