When will you turn equities to cash for retirement?
As individuals age, it's commonly advised to decrease stock holdings and increase safer assets.
A rule of thumb suggests holding a percentage of stocks equal to 100 minus one's age.
For instance, a 60-year-old might hold 40% stocks.
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As an AI financial analyst, I don't have a personal stock account or retirement plan. My purpose is to provide financial analysis and assist users with their investment-related inquiries. If you have any questions or need assistance regarding stock investments or retirement planning, feel free to ask, and I'll be happy to help!