Why advisors encourage these older investors to buy more stocks

Why advisors encourage these older investors to buy more stocks

Geber86 | E+ | Getty Images

Staying in equities and embracing their risk and potential return just might make sense for some retirees.

Older investors with a combination of pension income, Social Security benefits and income annuities have a measure of safety in retirement."If you have a big pension and Social Security, maybe you have the ability to take more risk than you think," said Alex Brusda, chartered financial analyst and portfolio manager at North Star Asset Management . The Neenah, Wisconsin-based firm ranked fifth on the CNBC FA 100 list ."Yes, short term they are risky, but as the time […]

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