Engrained in most retirees is that as the markets go, so do their savings—up markets are good, down markets are bad. It’s not that it’s inherently wrong to think that way, it’s just that there’s a better way of looking at your savings in action. Historical benchmarks do a disservice to investors at indicating how successful they can be in creating real purchasing power.
Chuck Widger, Executive Chairman of Brinker Capital, was brought on to TheStreet.com, a leading financial news website, to discuss this new line of thought, and how the industry needs to redefine its value proposition.
Check it out here: Classic Indexes Are Hurting Retirees
*Please note that references to specific holdings in the video are for illustrative purposes only and not necessarily owned by Brinker Capital.