Comment by koakuma-chan
Comment by koakuma-chan 4 days ago
Even when it crashes it's like 20% no? It's not actually that big of a deal.
Comment by koakuma-chan 4 days ago
Even when it crashes it's like 20% no? It's not actually that big of a deal.
It may be a lot of money but it shouldn't matter because you don't need all of it right away.
The idea is that over a 40 year window that 20% (or more) crash is eventually going to rebound, so just sitting on the target retirement fund is going to do well over it's lifetime. As you get closer to retirement, and don't have the time to recover from the crash, the plan moves to safer investments.