Ask Terry Questions Moving funds into cash

Moving funds into cash

By Terry Savage on December 22, 2023 | Financial Planning / Retirement

I am 70 years old and have $350 in diversified funds.
Should I be moving my money into cash.

Terry Says

$350? Or $350,000??? At age 70, you might want to move nearly half into Treasury bills to protect against loss. Read this:

The rest could be in conservative income-paying stocks, or shorter term bonds. It all depends on your risk tolerance. This is where a fee-only FIDUCIARY advisor (who is not charging commissions on recommendations) could be helpful. Find one at

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