The perception is that interest rates in the developed world will rise eventually and that any short - term exchange rate loss will be offset by longer - term
stable income generation in a growing economy.
Furthermore, investment risk tolerance may change in retirement, leading to a desire to decrease expected volatility from the portfolio to make room for
stable income generation.
Not exact matches
They are now getting a
stable income, maybe even settling down, with real purchasing power — perhaps higher than any other
generation.
Bonds provide a
stable backbone and more predictable
income generation than equities.