While the stock market has performed well over the long term (even when you include the 2008-09 meltdown), it can be brutal in the short term.
It is this timing issue that poses the greatest threat to retirement incomes. The conventional wisdom is that you should reduce your exposure in stocks as you approach and enter your retirement.
This is still good advice, however it is not that simple - few things are these days.
Follow me on Twitter
Comments
No comments yet. Leave a Comment