Typically,the closer you get to retirement,the smaller the proportion of your retirement funds that should be invested in common stocks.

Question

Quizplus · Accepted Answer

As you near retirement, it is generally recommended to shift more of your retirement funds into less volatile investments, such as bonds or cash, to minimize the risk of losing significant amounts of money during an economic downturn. Therefore, the proportion of retirement funds invested in common stocks should decrease as retirement approaches.

Typically,the Closer You Get to Retirement,the Smaller the Proportion of Your