The older you get the less risk you need. I have half of mine in “safe” low interest investment. 1/4 blue chips and 1/4 riskier higher return stuff which is more volatile. If you check your portfolio every day and worry when it drops 5% then steer clear of risky. I use what ever earnings to supplement my SS and live frugally.
Hi Bob :) I understand the risk and weighted. I answered a Risk Assessment “something” questionnaire and got a 73 out of 100. Ramsy Guy offered 1 choice that was around 50% risk for my small 401, and for my smaller savings account 5%. I was not impressed.