How Much Should a 60 Year Old Have in Stocks?

By Brian M. Reiser If you’re 60 or older, you may be confused as to how much money you should have in stocks. You’ve always heard that the older you are, the less risk you should take on. On the other hand, you may want or need the additional income and savings growth you can earn from stocks. So, how much should a 60-year-old have in stocks?
The traditional answer is straightforward. And we’ll look at that traditional answer. But, you are not a traditional person and your needs may be different.
We’ll look at why the traditional thinking on retirement planning no longer applies as …read more

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