The closer to retirement a person is, the less risk should be taken. Conventional wisdom says not to invest money you will need in 5 years. Given how this month has started off, September’s numbers won’t look too bad. Funny how September and October tend to be the worse months for the stock market and it sure is holding true this time around.
Like I said, it’s not much money. Probably less than a year of ‘retirement’. It makes the ‘more risk’ choice more like a small bet twice a month in Las Vegas.
If we lose it all, we won’t die or anything. No worries.
BTW, her mail wasn’t the 401 report. It was something totally different from the company.