4 Smart Money Moves to Make as You Near Retirement
Retirement should be a time of celebration. You've worked for many years, and now it's time to reap the benefits: relaxation, traveling, new hobbies, or whatever else your heart desires. But, to make sure you're able to do these things in retirement, you'll need to make sure you're financially fit. Here are four smart money moves to make as you near retirement.
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One thing that's inevitable in the stock market is volatility. Whether in day-to-day movements, bull and bear markets, or corrections, with enough time in the market, you're bound to experience all ranges of volatility. The further away you are from retirement, the more time you have to recover from down periods in the market, so the focus should be on higher risk, higher-reward assets like stocks.
Source Fool.com
