Quote:
Originally Posted by fintstone
Seems to me that the folks that are 60 still need to plan for another 30-40 years...and should be fully invested. Going to cash will let inflation beat you down.
I am about 50% stocks, 40% real estate with about 10% cash because I am looking for another real estate investment (down payment).
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Maybe not that long but you are on the right track. I have the feeling that many will outlive their money. I'm with Seahawk- I'm managing money " I have a portfolio that matches well with my age and financial desires". Not that it is perfect, but I'm in a different spot than when I was younger.
Whatever the plan, life does get in the way. There are many unforeseen things that happen and you need to adjust. I know cuz it happened to me. Just remember, it is just money, it ani't your life!