What's the right risk for retirement?

If a retired investor’s portfolio heads south, there are fewer levers to pull. Put simply, a person’s financial resilience reduces when they retire. Achieving a long-lasting, robust money pot in retirement – which, let’s face it, is probably the aim for most people – will likely require a shift in mindset from both the adviser and the client. One that moves away from maximising wealth and much more towards balancing risk and return, says BNY Mellon. Read on to find out more.