Quote:
Originally Posted by Buehler445
I'd disagree.
He reasonably has a 30 year time horizon. He's at the age where you typically start ratcheting down risk a bit, but 10+ years out from retirement isn't unreasonable to keep risk in the market.
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I had subordinate staff change their retirement plans because of having too much risk (too much risk) in 2008 and not watching their money closely enough. While none worked for me at the time, but that same happened in 2000/2001. They got greedy.
It's just me, I wasn't going to work into my 60s, there's too much life to live, so I planned accordingly and wasn't going to let a squirrelly market change those plans. Again, that's just me.