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re: For those that had money invested in 08-09
Posted on 5/2/15 at 1:41 pm to STLhog
Posted on 5/2/15 at 1:41 pm to STLhog
I weathered the storm. Fortunately I'm diversified well beyond just US stocks so the decline wasn't terrible, it was merely bad. But I kept investing more while everything was beaten down so overall it worked out quite nicely.
1
Posted on 5/2/15 at 1:59 pm to foshizzle
quote:
Why are people still heavily invested in equities within a decade of retirement?
1) For some of us, our pensions are plenty to live on and SS is always there if needed. So retirement date is not so much of an issue for savings as is RMD date.
2) Really don't need the savings for anything. Still have a good bit of time before RMD's kick in. I'm down to 10% equities now.
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