3 Tips for Investing in Your 50s
The years in your 50s are pivotal ages on the road to retirement. At this stage of life, you may be making plans for how you'll spend your senior years and when you'll close out your career. You might also be grappling with college tuition payments for your children or other expenses that eat up a lot of your income.
That's why it's important to invest strategically during your 50s. And these three moves could set the stage for retirement success.
You've probably heard time and time again that as you inch closer to retirement, you should start moving away from stocks and start favoring conservative investments, like bonds. But actually, there's no reason to shy away from stocks completely during your 50s, especially if you're not intending to retire until your mid-60s or beyond.
Source Fool.com
