How Much Risk Should You Take Before Retirement?


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MINT HILL, NC – To enjoy a comfortable retirement, you’ll need to draw on income from your investments. So, if you’re now just a few years from retiring, you may be wondering if you’re taking on too much risk in your portfolio.

Growth-oriented investments such as stocks and stock-based mutual funds certainly carry risk. But you can’t simply eliminate this risk – you will need the growth potential of stocks, even in retirement, to help stay ahead of inflation.



So, the issue isn’t, “Should I get rid of all my risk?” Instead, ask yourself these questions: “How much risk should I take within my portfolio?” and “How much risk do I actually need to achieve my goals in retirement?”

Managing risk is a balancing act – and you may need to make some tough choices. But as long as you’re aware of how much risk you can take, and how much risk you may need to take to reach your goals, you can develop a strategy that aligns with your objectives.

If you have any questions, please contact me at (980) 859-2549 or by e-mail at brandon.monette@edwardjones.com

This article was written by Edward Jones for use by your local Edward Jones Financial Advisor

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