As retirement approaches in your 50s and 60s, it's typical to become more conservative and to replace some of those stocks with bonds and cash, which are generally considered less volatile. (transamerica.com)
It is a mistake you WILL regret when retirement approaches. (treesfullofmoney.com)
As your planned retirement approaches, shift the allocation towards less - volatile instruments, such as bonds. (simplestockinvesting.com)