Using the same process — mapping to the portfolio with the most appropriate risk level — would suggest that equity exposure drop by around 10 percent for the 55 year old and another 10 percent for a 60 year old, as the chart below shows. (blackrockblog.com)
Rather, you should consider the appropriate risk level for your portfolio when you are looking at your long - term goals, and think clearly about your financial situation and emotional reaction to risk. (fidelity.com)
Most plans have a default investment, such as a target date fund, with the goal of maximizing your returns at an age - appropriate risk level. (blackrockblog.com)