Fears of an AI stock bubble have many investors watching -- and some worrying -- about its impact on their retirement accounts.
TIAA CEO Thasunda Brown Duckett, who heads one of the nation’s largest retirement plan providers, says that shouldn’t be retail investors’ greatest concern.
When eyeing the AI-driven market gains, “I think the real question is not knowing if it’s going to burst or boom. It’s about making sure you’ll be prepared for retirement,” Brown Duckett said in an interview on the sidelines of TIAA’s FutureWise conference in Washington, DC, earlier this week.
The focus of investors saving for retirement should be on building a diversified portfolio that includes a guaranteed income stream, she said.
“It’s not about timing the market. It’s about how much time you put in the market,” she said. “And as we think about that diversification, how do we ensure that there’s income within it? Income has to be the outcome.”
