Key takeaways Given how big one’s portfolio typically becomes, there is a lot riding on market returns during the last 10 years of a typical 40 year investing time horizon As a simple example, for a person who reaches…
Key takeaways Conventional wisdom states that one should decrease equity exposure as one nears and gets into retirement Bill Bengen’s research on the 4% rule suggested it was better to hold one’s equity allocation steady at the level at…