Millions of RRSP plans will need to make an abrupt transition from accumulating money for retirement to paying out money in retirement, and it can catch soon-to-be retirees by surprise if they don't plan properly.
Investors have always been told that diversification is one of the best ways to reduce the risk associated with a portfolio, but they often aren't told the whole story.
Chances are good that you've heard you should rebalance your investments from time to time. Chances are also good that you may not know whether that has ever been done to your portfolio, and how the heck you do it.
