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Older Investors Have a Lot of Money in Stocks. How to Check if It's Too Much. [View all]
MARKETS PERSONAL FINANCE
Older Investors Have a Lot of Money in Stocks. How to Check if It’s Too Much.
The stock-market volatility in recent weeks is denting the portfolios of many in retirement
By Anne Tergesen
https://twitter.com/Annetergesen
anne.tergesen@wsj.com
Jan. 26, 2022 11:41 am ET
A suddenly sliding stock market is sending a wake-up call to older Americans that maybe they shouldn’t invest like they used to. Many are likely to ignore that call.
Thanks to a long bull market that surprisingly rose and rose through the pandemic, plus more than a decade of low yields for bonds, older Americans have a lot of money in the stock market. Data from Fidelity Investments’ 20.4 million 401(k) investors shows that almost 40% of 401(k) investors age 60 to 69 hold about 67% or more of their portfolios in stocks. Among retail clients at Vanguard Group between ages 65 and 74, 17% have 98% or more of their portfolios in stocks.
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Older Investors Have a Lot of Money in Stocks. How to Check if It’s Too Much.
The stock-market volatility in recent weeks is denting the portfolios of many in retirement
By Anne Tergesen
https://twitter.com/Annetergesen
anne.tergesen@wsj.com
Jan. 26, 2022 11:41 am ET
A suddenly sliding stock market is sending a wake-up call to older Americans that maybe they shouldn’t invest like they used to. Many are likely to ignore that call.
Thanks to a long bull market that surprisingly rose and rose through the pandemic, plus more than a decade of low yields for bonds, older Americans have a lot of money in the stock market. Data from Fidelity Investments’ 20.4 million 401(k) investors shows that almost 40% of 401(k) investors age 60 to 69 hold about 67% or more of their portfolios in stocks. Among retail clients at Vanguard Group between ages 65 and 74, 17% have 98% or more of their portfolios in stocks.
TO READ THE FULL STORY
SUBSCRIBE
SIGN IN
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