For anyone approaching retirement, an important investing question is: Should your strategy be "to" or "through"? ***
The "to" refers to preserving savings for an expected retirement date; the goal is to get "to" that date without last-minute harm to your nest egg. Generally this means cutting back sharply on riskier investments—namely stocks ***
A "through" strategy means tilting a portfolio to keep increasing savings well into, or "through," retirement. That means higher allocations to stocks and other riskier investments despite a bigger risk of losses.
The strategies aren't dueling. As we discussed five years ago, different retirees have different goals. See The Trouble With Target Date Funds.
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2 comments:
Yes! it is obvious everyone dream to live a worry free life. Pre retirement plans are precious as it leads to a successful life. Retirement planner
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Miceli Financial Planning (MFP) is an independent, fee-only financial planning firm which comes with its comprehensive financial planning and investment management services. Our main focus is to help our clients enjoy their lives to the fullest extent, while preserving the security of their future.
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