Not exact matches
If you're 60 years
old and getting ready to
retire in the next couple of years, then yes, volatility is scary, and you need to think about moving your nest egg into more stable investments (like
bonds or real estate).
The
old rule of basing stock asset allocation on a formula of «100 minus your age» — leading to, say, a 40/60 stocks /
bonds split if you
retire at 60 — is outdated.
Lean on Pete (R for profanity and brief violence) Coming - of - age drama, set in Portland, Oregon, about the
bond forged between a 15 year -
old stable boy (Charlie Plummer) and a
retired racehorse slated for slaughter.
Consider this bleak picture: A typical 65 - year -
old couple with $ 1 million in tax - free municipal
bonds wants to
retire.
A 65 - year -
old who is
retired, or a parent saving for a teenager's education, might keep 80 % of the portfolio in a short - term
bond ETF and only 20 % (or less) in equities.