03-12-2020, 12:41 PM
The closer you get to retirement the more money you should move from stock funds to bond funds. You will get less growth potential, but much more safety against losing principle.
Within 5 years of retirement you should have almost all of your 401K in bond funds unless you have other sources of income or are very wealthy and retiring very young.
Within 5 years of retirement you should have almost all of your 401K in bond funds unless you have other sources of income or are very wealthy and retiring very young.