Retirement
What percent of stocks should I have invested if I am 69 years old. No pension just social security at age 70
Terry Says
How much of your money are you willing to lose? A bear market typically takes the popular averages down nearly 50%. Will you panic and sell at the bottom? If you only have 25% of your money in stocks you might not panic– and will be able to ride it out, knowing you have plenty of cash. It’s the fear factor that’s most important. Only YOU know how much discipline you’d have when stocks make headlines in a decline!
