It's Never Too Late for You to Make These Solid Retirement Moves
Retirement should be an exciting time. After all, you've worked for decades, and now it's time to sit back, relax, and do whatever your heart desires. To be able to do this, though, you need to make sure your finances are in order. Regardless of how far out from retirement you are, it's never too late to begin taking steps to set yourself up for financial success. Here are some solid retirement moves you can make.
As a rule of thumb, you want your investments to become less risky as you near retirement because there's less time to rebound from market declines that could drop your portfolio's value significantly. Part of adjusting your risk should include shifting away from small-cap and mid-cap funds and into large-cap funds (like the S&P 500) that are generally more stable.
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Source Fool.com
