More Equities May Not Increase Retirement Income

Imagine you're retired and taking money out of your investments.

You might think putting more money in stocks, which usually grow a lot, would give you more income.

However, it's not that simple.

If your stocks lose money at the start of your retirement, you might end up with less overall, even if the average return is good.

This is because the order of gains and losses matters when you're taking money out.

Studies show that having too much in stocks can actually lower the amount of money you can safely take out each year.

It's better to have a mix of investments to avoid big swings and have a more stable retirement income.