UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: Dylander One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75379  
Subject: Re: Retirement allocation and diversification Date: 7/8/1999 12:16 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I'm not in the same boat as the original poster of this thread (age 34 and still 16 years from retirement at the earliest), but I recall seeing something that might be applicable.

If you expect to still be living 10 or more years from now, then at least part of your 'retirement savings' isn't going to be used for at least 10 more years. Under the current Foolish (capital F) train of thought, any funds that will not be needed for at least 10 years should be invested in the best known investment vehicle for the long term. This means stocks. Just make sure that you calculate what you are going to need for the next 10 years and invest that in a money market or other 'safe' vehicle. Every year you should reallocate funds so that you only have the stuff you won't need until 10+ years invested in stocks.

Hope this helps.
Dylander@aol.com
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Berkshire Hathaway

Is the Market Overvalued?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement