Retirement mistake #3 is fleeing to safety.
We heard a lot from the financial pundits about "fleeing to safety" when the market was tanking. They have been quiet during the recent market rally.
For retirees, fleeing to safety can be an oxymoron. Here's why.
By keeping all your investments in Treasury bills, bonds, or even under the mattress, you are preserving your assets and protecting them from the risk of the stock market -- but at what cost?