As you approach retirement, more of your monies should be going into less volatile markets.
One rule of thumb I recall is subtract your current age from 100 or 110. The difference should reflect the percentage of your portfolio that ought to be in stocks. So if you’re 55, then between 45 and 55% of your investments should be in stocks. The rest should be in safer instruments like bonds or money markets.
Tks. I have an excellent (and well paid) financial planner