If you're all in on the day of retirement, you should have hired a financial advisor decades before. Here's how this works for those that haven't even bothered

If you're all in on the day of retirement, you should have hired a financial advisor decades before. Here's how this works for those that haven't even bothered to read anything related to retirement planning. You slowly move from high risk/volatile investments to those that are lower risk. Something like Bonds might work. You also have your own small hedge with things like precious metals (less than 10% typically). One can also move their money to assets that typically appreciate but also generate reliable income (real estate for example, but annuities, etc., are options). Hell, even read the cheat sheet and you'll know more than most people (seemingly): http://www.dummies.com/personal-finance/financial-help/personal-finance-for-dummies-cheat-sheet/ http://www.dummies.com/personal-finance/financial-help/perso...