I'm a Baby Boomer close to retirement. Over the years, I've adjusted my allocations so that I am not overly exposed to the ups and downs of the stock market. That was my point, investments should be planned over decades and adjusted as you age.
> Over the years, I’ve adjusted my allocations so that I am not overly exposed to the ups and downs of the stock market.
how does one do that? tia
SamAdams76 wrote: “I’m a Baby Boomer close to retirement. Over the years, I’ve adjusted my allocations so that I am not overly exposed to the ups and downs of the stock market. That was my point, investments should be planned over decades and adjusted as you age.”
Appreciate the clarification. I’ve gone from 100% equities most of my life until now I’m leaning heavily into short duration bonds all of which mature in late 2022. I detest bond funds which behave more like equities than bonds. I’ve retired and my investment horizon is less than 20 years.