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Should I be investing more aggressively at this time?

I have a frozen 401(k) with $108K from a former employer that was consumed by a bigger entity. I now have a 403(b). I am 50 years old with the goal to retire at 68. I am currently in a moderately aggressive plan. Would it be wise to increase to a more aggressive plan given my age and the current state of the economy? I see the returns of late being better and wonder if even for a short time, it might be of benefit?

Financial Planning, Investing
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June 2017

The stock market is currently at an all-time high, but it has continued to rise overall with much better returns than bonds (which could drop in value with additional interest rate increases). So, the possibility of a significant drop in the near future should not be a surprise. At the same time, waiting or selling can be a huge opportunity cost as we saw the rapid recovery of the 2008 crash. If you are willing to tolerate more risk and have some time to recover, you could select a more aggressive portfolio. However, you may want to diversity that risk with an appropriately balanced ETF portfolio that also has some bond funds to help cushion downside risk. This can also be done in a separate Individual account while you max any employer matching contributions.

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