[Happy][Happy]🥬🍤🍉🍓Active Ageing upon retirement - Eat and spend and be merry. One of the easiest to remember and therefore common rules of equities/ cash allocation is holding a percentage of stocks equal to 100 minus one's age. For example, a 60-year-old might hold 40% stocks and 60% cash. I find this sensible because our average age of mortality is still lower than 90. Retirees should eat well and live well. Time to spend the money! [Happy][Happy]
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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