Quote:
Originally Posted by 44Apple
At what point should one change from being an investor to a "saver"?
I've been retired a number of years and have invested all my adult life. Luckily, we have enough non-investment money to live on.
I now wonder if I should gradually begin selling my ETFs, Mutuals, and stocks and move all the money into fixed income.
I know the outcome will be lower and stable, but I won't have to deal with the daily ups and downs.
I'm familiar with the 60/40 rule but wonder if I should go 0/100.
|
Actually, the 60/40 rule changes over time. I believe it’s something like 100 minus your age. So when you are 100 you will be in all bonds! Personally, I’m in a similar boat as you so I’m not going to change what has worked for me all my life other than factoring in tax implications.