Most
retirees should have limited
exposure to the stock market, so if you're a
retiree with a high percentage
of your portfolio in
equities, you may want to sell some
of your stocks and add more Canadian bonds.
Employing such investment types can go hand in hand with a more simplified in - retirement portfolio strategy: Because broad - market index funds provide undiluted
exposure to a given asset class (a U.S.
equity index fund won't be holding cash or bonds, for example), a
retiree can readily keep track
of the portfolio's asset allocation mix and employ rebalancing to help keep it on track and shake off cash for living expenses.