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Home US News US Business

Goldman says typical retirement portfolio is broken and more risky now

Loud Silence Staff by Loud Silence Staff
April 19, 2020
in US Business
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Goldman says typical retirement portfolio is broken and more risky now
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A trader works on the floor of the New York Stock Exchange in New York, the United States, March 18, 2020.

Michael Nagle | Xinhua News Agency | Getty Images

(This story is for CNBC Pro subscribers only.)

The traditional 60/40 portfolio of stocks and bonds hasn’t performed this poorly since the financial crisis, and Goldman Sachs expects the standard retirement allocation to suffer further.

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This content first appear on cnbc

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