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Ideally, if you're getting ready to retire, most of you assets should not be in the volatile stock market, so it should not affect you terribly.
by opmac 11y ago
Ideally, if you're getting ready to retire, most of you assets should not be in the volatile stock market, so it should not affect you terribly.
- kbutler 11y agoIf you intend to live for 30 years in retirement, shouldn't you still have a good chunk of your assets in stocks?
- robotresearcher 11y agoMany people use much of their retirement savings at the moment of retirement to buy a special retirement-income product. This can have tax benefits over normal investments. So you try to maximize the probability of having a large fund at that moment.