A single, debt-free, 63-year-old retiree with $1.8 million in retirement savings and $260,000 in cash seeks advice on drawing down funds. Adviser recommends maintaining stock exposure, but retiree is concerned about market bubble. Inheritance, Social Security, and health care costs also factor into decision-making process. Stocks hit record highs amid concerns over market bubble, as retiree weighs risk of market downturn against guaranteed returns. Focus on bond-tent strategy to gradually adjust portfolio allocation. Market volatility, tariffs, government shutdown, and health care costs add to uncertainty. Despite conflicting opinions, retiree has financial stability for comfortable retirement.

Read more at Yahoo Finance: I’m 62 and want to move my $200K IRA to a money-market account. Am I overreacting?