Social Security Income Impacts Portfolios
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Social Security functionsCNBC
•Business
Business & Economics
Retirement investors are thinking about Social Security in the wrong way, says index fund legend

68% Informative
Charles Ellis says Social Security's steady stream of income should be factored into asset allocation strategy.
Ellis: Social Security functions similarly to an inflation-protected bond.
Failing to recognize this can lead to overly cautious investing, he says.
Ellis says the steady income stream allows for greater stock exposure.
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