If you have less time to go until retirement, your portfolio will have way less stocks in it, opting instead for a larger percentage of bonds. (wisebread.com)
As a hard - and - fast rule, you should own less stocks as you get older. (thecollegeinvestor.com)
Once our contribution slows down, we'll move to a more stable asset allocation with less stocks, but for now most of our portfolio is in stock. (barbarafriedbergpersonalfinance.com)