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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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July 2017

It it not really practical or prudent for an adviser to give you an answer to your question in the way posed.  You should always be careful of having an investment strategy built on "returns of late."  People who approach investing this way tend to be out of step with the markets.  They get in at the wrong time and out at the wrong time.  Your 401k/403b strategy needs to be based on your tolerance for risk, age, goals, understanding of what can happen, etc...  That being said, you can look at your money two ways. There is the money you've already accumulated, and the money you've yet to invest.  I certainly don't see anything unwise about directing your future contributions to an aggressive strategy, as that is all new money and can withstand some volatility.  However, be very careful about making any changes to your current accumulated balance. 

July 2017
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