Re: Help my mom pick out her retirement funds
My first thought was 40$ Fixed income fund, 20% international, 20% small cap, and 20% S&P. Would you guys recommend anything else?
[/ QUOTE ]
You should DEF not be looking at 40% fixed income allocation with 15 years to go... that is not the way to go. I know it can be scary thinking about losing your retirement, but if the majority of your retirement savings is in fixed income funds, she won't be retiring on that money. Thats almost guaranteed. I'm presuming shes not retiring until 65 because she can't... and if thats the case, then the answer is to grow the $, not watch the grass grow from the office chair
|