For Gen X investors, dotcom bubble haunts stock market portfolios closing in on retirement
Investors nearing retirement don't necessarily need dramatically less exposure to stocks, but they do need a clearer separation between money they'll spend soon and money that can remain invested through the next market cycle. "Retirement doesn't eliminate the need for growth. It changes which dollars can afford to wait for it," Cave said.
- ▪Investors nearing retirement don't necessarily need dramatically less exposure to stocks, but they do need a clearer separation between money they'll spend soon and money that can remain invested through the next market cycle.
- ▪"Retirement doesn't eliminate the need for growth.
- ▪It changes which dollars can afford to wait for it," Cave said.
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Investors nearing retirement don't necessarily need dramatically less exposure to stocks, but they do need a clearer separation between money they'll spend soon and money that can remain invested through the next market cycle. "Retirement doesn't eliminate the need for growth. It changes which dollars can afford to wait for it," Cave said. Some Gen Xers are on a glide path to retirement — literally — and that hopefully has limited their exposure to market volatility. A glide path is the gradual shift of a portfolio from stocks toward bonds as an investor approaches and moves through retirement, reducing exposure to a market downturn right when it would hurt most.
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