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Saturday, December 13, 2025 76° Today's Paper


In the earlier stages of a lifecycle—whether it’s a personal retirement fund or a business venture—the focus is on . Once you reach the "mature" stage, the objective shifts from aggressive growth to capital preservation and income generation .

At this point, the "free" aspect refers to the freedom from needing to inject more "new money" (contributions) to sustain the lifestyle or operation. 2. Characteristics of a Mature Portfolio

Even though a fund is mature, it isn't "risk-free." Two main threats persist: