Ask Terry Questions Retirement Fund Risk Assessment

Retirement Fund Risk Assessment

By Terry Savage on November 26, 2018 | Investments

Hi Terry – thank you for today’s article on retirement fund risk. I am 53 and currently have a 80% stocks /20% other balance in my 401A plan. I’ve thought about rebalancing that to 50%/50% given the current state of the market and then addressing again as I get closer to retirement (assuming age 65). I used to have a high tolerance for risk, but less so now. Smart or not? Thank you for considering my question. Mark Fowler

Terry Says

Well, that was the point of the article — assessing your OWN risk tolerance, based on your stage in life, and your retirement plans.  Sounds  like the column hit its mark!

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