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Tens of millions of retirement-ready individuals have decided to exit the market rather than hold. Almost 1/3 of investors ages 65 and up have sold all their holdings compared to 18% for buyers of all age groups.
Dr. Sklar has instructed his youngsters, who’re of their 30s, to “be 100% in equities in the event you can.” However he himself isn’t planning on dipping again into the inventory market quickly. “I don’t have 10 to 15 years left to get better my losses,” mentioned Dr. Sklar, who now has additional cash as a share of his portfolio than he has in many years. “In some unspecified time in the future, I’ll want my money to reside on.”
https://www.wsj.com/articles/investors-approaching-retirement-face-painful-decisions-11592213401
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