Investing News Blog

Tuesday, February 28, 2006

Socially Responsible Retirement Plans

The Business Ethics magazine has published an article on setting up a balanced retirement plan using all socially responsible investing (SRI) options. It is quite common to have a small portion of our life saving tucked away in good karma funds, but putting all our retirement dollars into SRI vehicles is a new, and viable way of saving for our future.
They got together five investment advisors and five different families to create retirement plans that suited everyone.. without taking anymore risks than the normal retirement plan.
Guide to SRI Retirement Planning
Sharing the wisdom of five financial advisers in socially responsible investing (SRI).
"In drafting their plans, the advisers drew from the many SRI mutual funds, which now number over 200 and cover virtually every asset class, from small-cap equity and income funds to hedge funds and exchange traded funds (ETFs). October saw the launch of the Domini European Social Equity Fund. Calvert added Asset Allocation Funds to its family of 30 mutual funds in May. And a new ETF by Barclays Global Investors tracks KLD's Social Select Index. There are even new SRI options for 529 College Savings Plans." Business Ethics Magazine
# Socially Responsible Investing, Retirement Planning News