From Yahoo Finance: 2025-05-10 08:30:00

Bob, a 65-year-old still working with 82% of his 401(k) in stocks, wonders if he should shift to bonds. The decision depends on long-term goals, risk tolerance, and other accounts’ asset allocation. Reflect on goals to inform time horizon, risk tolerance, and return objective. Consider speaking with a financial advisor for guidance on stock-bond mix. Evaluate retirement readiness and desired level of spending to determine return goal. Multigenerational goals may require a more aggressive asset allocation. Seek advice from a financial advisor to set financial goals and retirement age.

A business owner should consider the risk inherent in business ownership when allocating assets. Fluctuating income may warrant a conservative portfolio. Health expenses can impact retirement plan risk profile. Behavioral approach to investing influences willingness to accept risk. Stay invested during market volatility to increase risk tolerance. Financial advisor can assist in creating an investment plan.

For a married couple in their 60s, align asset allocations with goals, risk tolerance, and return requirements. Consider overall asset allocation across accounts. Holding 82% in stocks could be sound with other accounts more bond-heavy. Age isn’t the only criterion for asset allocation. Think about long-term goals and current position relative to those goals. Evaluate other factors that may adjust risk profile. Seek guidance from a financial advisor to allocate among stocks, bonds, and cash for goal achievement.



Read more at Yahoo Finance: I’m 65 With 82% in Stocks. Should I Shift Some Into Bonds Now?