Retirement Account
Hi Terry,
I have a significant percentage of my 401k in RPSIX, bond fund, what are your thoughts on holding or selling. If sell, where would you recommend that I put the funds, I am 61 and want to retire in the next 5 years.
Thanks,
Chris
Terry Says
The T. Rowe Price Spectrum Income fund is one of my favorite funds to recommend for retirees. It has already dropped about 10% or slightly more. But at this point, unless you have nothing in a money market fund, I’d ride it out.
