I'm approaching 62, and plan on working until I'm 67. My 401K is invested sort of equally over an S&P 500 Index Fund, an International Index Fund, a Small Cap Index Fund, and a General Dynamics Stock Fund (I work for Electric Boat, a GD company). I'm really happy with the way my 401K is earning money, but I'm wondering if I should "protect" some of it by putting it in one of the "safer" (read duller) funds. My other choices are a Balanced Fund, a Fixed Income Fund, and a Bond Index Fund, none of which is really earning squat. If I should move some of the money, when should it move? Where should it move? Am I being too greedy to leave it where it is? Should some of the company stock be spread into the 3 index funds I now hold? Thanks for any help you can give me.
DMacD