[recycled sixtie]

It seems for example that if you are 50 years of age then if you are investing in the stock market then it should be 50% stocks and 50% fixed income. This was a generalization a few years back. Do you think it still applies?

Or do you feel because interest rates are so low then it should be a higher percentage of stocks(etfs, mutual funds, stocks etc)?

I know that interest rates are really low but perhaps a person should have more in the bank making low interest. What are your thoughts for risk assessment re stocks
especially for seniors? This buoyant market will inevitably correct sooner or later.