Rebalancing Portfolio & Insurance: Year-End Financial Moves

As the year draws to a close, Christine Benz, a director at Morningstar, offers financial strategies to finish strong. Rebalancing your portfolio is key, especially for those nearing retirement. This involves selling high-performing investments and investing in safer assets like high-quality bonds. For those still working, review your international stock exposure and retirement contributions. If youre seventy-three or older, use appreciated securities for required minimum distributions. Lastly, review your insurance coverage during open enrollment to ensure you have the best plan for your needs. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.