Shyon
03-18

A great topic to think about. When will you turn your equities to cash, at what age? Any planning?

Well, conventional wisdom holds that when you hit your 70s, you should adjust your investment portfolio so it leans heavily toward low-risk bonds and cash accounts and away from higher-risk stocks and mutual funds. That strategy still has merit, according to many financial advisors.

In terms of how much money you should have in the stock market at a certain age, for example 70 80 90 etc...: That depends on several different factors, ranging from your health and preferred lifestyle to your debt load, net worth, monthly bills, income sources and risk tolerance.

One old bit of general wisdom mentioned by this article is that you should subtract your age from 100 to come up with the percentage of your portfolio that should be in stocks. If you're 75, for example, then you should have 25% in stocks.

For me, personally, I agree with this rule and if I am still really interested with equities at this age, I will switch my holdings from growth to dividend stocks for low volatility and consistent return. How about you? 

@TigerStars  @MillionaireTiger  @Tiger_comments  @CaptainTiger  @TigerEvents  

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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • breAkdaWn
    03-18
    breAkdaWn
    sell the shares which are in profit. hoard the cash! wait for loss making shares to hopefully normalise!
    • Shyon
      For those with really low entry price, might as well keep them for long long run.
  • Omega88
    03-18
    Omega88
    Interesting! However, I'll still take some profits on overbought stocks
    • Shyon
      Thanks for supporting! Really an interesting concept.
  • NatYong
    03-18
    NatYong

    Important is take profit and gain money 

    • Shyon
      Fully agree with you! hopefully we got plenty of profits in future hehe
  • Shyon
    03-18
    Shyon
    Thanks for supporting! Really an interesting concept.
  • NatYong
    03-18
    NatYong
    agreed
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