Reply to Can't bring myself to check my 401K

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Why are you so heavily invested in stocks you should be setting up an index fund with target date that will take money out of stocks and into bonds and money market [/quote]

Because they are 7-10 years from retirement, but hopefully 20-30 years from being dead.  So you still want a good portion in stocks to get 20 years more growth
[/quote]

JHC, this. I'm 59, would like to retire in 5 years. Because I will get a decent pension (assuming the federal government continues to pay out pensions, which is starting to seem like a big assumption), I've always had my TSP funds in 100% stocks. But I moved everything to life funds (2025 and 2030 retirement funds) at the beginning of March. Since the end of February, I'm only down 4.8%, so doing well relatively speaking. Still, I was hoping, given how great the economy was chugging along pre-Trump, to increase my holdings by 25% before I retired. LOL. Can't wait to see the value of my house start to decline. Will my adult kids have jobs? Will my parents continue to get SS checks?

What a time to be alive.[/quote]

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