Even in retirement it might pay to take risks
A conservative one-size-fits-all investment package won't suit all retirees: some will need some growth assets.
Retirees aren't a homogenous bunch, no matter what the advertisements would have you believe. Some retire with loads of money, some with not quite enough. That's why one person's retirement portfolio may need a bit more in the way of growth assets than someone else's.
Lonsec Investment Solutions retirement model portfolios come in three varieties: conservative, balanced and growth. "If you're coming into retirement with not a lot of assets, you've got two options: don't spend a lot or invest in more growth assets," chief investment officer Lukasz de Pourbaix says.
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