The 401(k) Blunder That Could Torpedo Your Retirement

Canva: cyano66 from Getty Images and gerenme from Getty Images Signature Quick Read Retirees with heavy stock exposure face severe risk. The S&P 500 dropped nearly 40% in 2008. The rule of 100 suggests subtracting your age from 100 to determine stock allocation percentage. Conservative portfolios heavy in bonds or CDs may fail to outpace inflation and erode purchasing power. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize ...