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As you method retirement age, most specialists agree you need to steadily shift much more into bonds to shield the cash you have accumulated. But retirement can final a couple of decades, so it usually pays to preserve a wholesome dose of stocks nicely into retirement: possibly in between 40% and 50% whilst you are inside your 70s, and as much as 30% when you are inside your 80s.

If you would like to place your asset allocation on autopilot, think about "target-date retirement funds," that are accessible in numerous retirement plans. You merely select a fund that is labeled using the year you intend to retire, and it'll automatically adjust what it invests in (generally a mix of stocks, bonds and money) to maximize your return and reduce your danger as you get older.

For a concept of what the proper mix of stocks and bonds is for you personally, visit our asset allocation calculator.

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