Ask Terry Questions Investing during retirement

Investing during retirement

By Terry Savage on March 06, 2023 | Financial Planning / Retirement

Hi Terry, I enjoy your column in my Sunday Hartford Courant. I am retiring at age 60 in June. I have about $300,000 in my 403b, currently in a Target 2025 fund. I have another $130,000 in a Roth that is invested in total stock market index fund, total international stock market index fund and total bond market index fund. With our pensions, my husband and I do not expect to need to tap into my 403 b until I have to at 73. How aggressively should I invest that money…50% stocks because I will soon be retired? It’s about 60% stocks now. We also have about $200,000 in cash spread in t bills, I bonds and cds. The question I always struggle with is what to invest the retirement funds in both the 403b and the Roth in. Thanks for any suggestions you can provide.

Terry Says

It sounds like you’re pretty well balanced. I assume you read my recent column with my thoughts on that subject.

What I can’t tell is your risk tolerance — and that changes as you retire and realize you are no longer contributing. We’ve had a decade of above-average returns. Now we might be entering into a period of lower returns.

Would you benefit from having a trusted Fiduciary financial advisor review your entire situation? If so, use this link to find one you can trust.

Recent Financial Planning / Retirement Questions



a personal
finance question