They're about 1-2 years from retiring. They have expressed disinterest in reallocation to lower risk funds because the returns are less. Hypothetically, if the dow dropped 5k over the next year, and they begin their retirement, could they just ride out the downswing or would they be in a really tough spot (I don't have exact numbers but let's say they have $1mil in today's value and their home is paid off)
Submitted October 23, 2018 at 09:40AM by throwitaway19 https://ift.tt/2NZFDQC