Shifting Toward Bonds as Retirement Nears? 3 Mistakes to Avoid

There's a reason workers are often advised to load up on stocks in the course of saving for retirement. If you want to grow your IRA or 401(k) through the years, stocks are a good bet because they've historically delivered notably higher returns than bonds.

But stocks are also a lot more volatile than bonds. As such, they're a riskier prospect for retirees. And if that milestone is approaching, you may want to start shifting your assets over to bonds. That way, you're less likely to take losses in your portfolio when the time comes to actually tap your IRA or 401(k) plan.

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Source Fool.com