Many investors who have participated in the eight-year bull market have done well. But those approaching retirement may wonder if it’s time to transition assets to more conservative holdings.
Here are factors to consider before making a decision about changing your portfolio: The U.S. economy and markets are still in good shape. U.S. stock valuations continue at above long-term averages, interest rates and unemployment are low and consumer confidence is high. It’s also important to remember that today’s 65-year-olds are statistically likely to live into their 80s.
Based on these factors, some investors with substantial financial resources and who are comfortable with leveraging market risk for longer-term financial goals may want to discuss with their financial advisor whether they should stay the course in their equity allocation even after they retire. Give us a call at (952) 460-3260, and we’ll be happy to help you weigh the potential risks vs. rewards of your current strategy.
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