Do This One Thing Each Year If You Want a Better Retirement

There is a time-honored way to manage your investment risks while smoothing out the ups and downs in the value of your nest egg on the journey to and through retirement. Unfortunately, many investors aren't taking advantage of the simple-but-effective technique known as rebalancing.

A recent Wells Fargo/Gallup survey found that fewer than half of investors bother to restore their portfolios back to a target mix of stocks and bonds at least once a year.