Cash in retirement
Hi Terry. Keep up the good work, love to see you on WGN! I’m 70 & retired. I have enough cash & very short term bond funds to cover (with Soc Sec) the next 5 years. Is that too much cash to hold – lost opportunity in the stock market? Thanks.
Terry Says
At this stage of life I wouldn’t worry as much about lost opportunities in the stock market. Instead, I worry about having liquidity and safety. You’re doing the right thing, even if the stock market soars!
