Chart in a Minute: Are your retirement plans at risk?
After a 10-year rally in U.S. stocks, risky assets may comprise too much of your retirement portfolio.
How will slowing economic growth affect the current bull market in U.S. stocks? If bearish sentiment emerged and stocks fell, would your retirement portfolio be up for the challenge?
If you’re a Baby Boomer planning to retire soon, you can’t afford too much risk. At this point in your journey toward retirement, time is running out to make up for any unexpected market mishaps.
If you’re a Millennial just starting to save for retirement, you can afford much more relative risk. You should have decades to benefit from dollar cost averaging and many market cycles.