facebookWill you invest in mutual funds for retirement? - Seedly

Anonymous

18 Apr 2019

General Investing

Will you invest in mutual funds for retirement?

Fee-based financial advisors seem to be promoting mutual funds for retirement planning.

Discussion (2)

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Hariz Arthur Maloy

04 Mar 2019

Independent Financial Advisor at Promiseland Independent

Yes, what you're looking for is better risk adjusted return and diversification for capital preservation especially when you're closer to your retirement year as well. I'll also look at building up annuity payouts to form a baseline for retirement needs.

Personally I'd advise against the use of mutual funds. The fees will erode a lot of the profits, if there are any, over a long term horizon. Consider building an all weather portfolio using Etfs instead

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