Time to check your asset allocation?

Recent research suggests it may be long past time for boomers to reevaluate their asset allocation.  The 2008-09 global financial crisis and investments losses should have taught some lessons about risky asset allocations but about ¼ of investors are asleep at the wheel and may be jolted awake (or worse) by the next bear market.  According to a study of IRA assets by the Employee Benefit Research Institute, “Among account holders ages 55 to 64, more than one in four (29%) had more than 90% of their holdings in equities.” Yikes, that’s risky!  A similar EBRI study of 401(k) plans came to a similar conclusion.  Read more at about “The rise of ‘extreme’ retirement portfolios” by Glenn Ruffenach at http://blogs.marketwatch.com/encore/2013/10/14/the-rise-of-extreme-retirement-portfolios/