Comment by youngtaff
You still need to be invested in equities at retirement otherwise inflation just eats away at the value of the cash
You still need to be invested in equities at retirement otherwise inflation just eats away at the value of the cash
At least at Vanguard the final stage of target date funds is ~30% stocks: https://investor.vanguard.com/investment-products/mutual-fun...
That’s why these target funds go down to ~50% stocks [edit: at the target date] not 0.