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Message
re: Your 401K is getting destroyed
Posted on 6/13/22 at 2:36 pm to Allthatfades
Posted on 6/13/22 at 2:36 pm to Allthatfades
Most people a year away from retirement aren't holding more than half of their assets in stocks.
2
Posted on 6/13/22 at 2:46 pm to Odysseus32
quote:
Most people a year away from retirement aren't holding more than half of their assets in stocks.
They are if they want it to last more than 20 or 30 years. Not to mention even cash is getting eaten away by inflation and bond funds are losing value. I retire next month sitting at 95% equities but preparing for 40+ year retirement.
Posted on 6/14/22 at 2:47 am to Odysseus32
quote:
Most people a year away from retirement aren't holding more than half of their assets in stocks.
What did they have it in? Bonds? Intermediate term bonds are down 15% the past year against 3.5% yield.
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