Income portfolio

Perhaps you haven’t been investing. Now as retirement approaches you want to put some money aside that you hope will grow. You really can’t afford to lose on your investments and you’ve got a time limit because you’ll be retiring in a few years. You want your money to work hard for you — just as hard as you worked to earn it.

Planning for retirement is only one reason to choose this type of portfolio. You may also have many life goals that have a short timeframe.

A typical income portfolio would contain a majority of fixed-income securities (for example, 40% stocks and 60% bonds).