3 ms·
The article does seem to be punching a straw man though. A 60/40 portfolio is basically only recommended for those approaching retirement who cannot stomach hig
by Eridrus 3y ago
The article does seem to be punching a straw man though. A 60/40 portfolio is basically only recommended for those approaching retirement who cannot stomach high volatility.
Target date funds that are commonly used would put 30 year olds into a 90/10 portfolio.
- MR4D 3y agoI'd wager that most retired Boomers have 60/40 (or even more conservative) allocations. I agree about the 30 years olds, but people aged 40+ have a higher ratio where they actually see the impacts of this.