Hit your retirement savings goal? It may be wise to unload some stocks
- RetirementGuy
- Dec 23, 2021
- 1 min read
Investors who hit their retirement savings goal ahead of schedule may be wise to reduce their exposure to stocks in favor of safer assets.
Otherwise, a market crash might mean a huge loss and the need to sacrifice important goals like putting a kid through college or traveling the world, according to financial planners.
However, many investors should keep a stock allocation of at least 30% to hedge against inflation risk.
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